A sporting goods store pays $110 for a rubber raft. The percent of markup is 55%. Find the raft's selling price.

$170.5

$49.5

$200

$60.5

Question

Mathematics

Lorelei Aguilar

26 December, 00:55

A sporting goods store pays $110 for a rubber raft. The percent of markup is 55%. Find the raft's selling price.

$170.5

$49.5

$200

$60.5

+5

Answers (1)

Know the Answer?

Jaylah Pitts · Answer 1

If you would like to find the raft's selling price, you can calculate this using the following steps:

100% + 55% = 155%

155% of $110 = 155% * 110 = 155/100 * 110 = $170.5

The correct result would be $170.5.

A sporting goods store pays $110 for a rubber raft. The percent of markup is 55%. Find the raft's selling price.$170.5$49.5$200$60.5

A sporting goods store pays $110 for a rubber raft. The percent of markup is 55%. Find the raft's selling price.

$170.5

$49.5

$200

$60.5