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30 December, 17:36

A pair of earrings has a 130% markup rate based on cost. The selling price is $77.77. What is the markup to the nearest cent? (Hint: Find cost first.)

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  1. 30 December, 17:37
    0
    The markup is $23.33
  2. 30 December, 17:55
    0
    1.3p=77.77

    p=77.77/1.3

    mu=77.77 - (77.7/1.3) = $17.95
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