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28 September, 22:14

Macy's buys a pair of Cole Haan dress shoes wholesale for $90. If Macy's marks up the price 20%, and tax is 9%, how much did Norman by the Cole Haan shoes from Macy's for?

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  1. 28 September, 22:26
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    Norman bought the shoes for $117.72

    Step-by-step explanation:

    In order to find the answer to this question, start by multiplying the cost by the markup.

    $90 * 20% = $18.

    Now we add the $18 to the original price.

    $90 + $18 = $108

    Now that we have the mark up price, we need to do the same using the tax.

    $108 * 9% = $9.72

    Finally, we add that to the previous total.

    $108 + $9.72 = $117.72
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