SOLUTION: The wholesale price of a pair of jeans is $16.00. If the jeans are marked up by 35% what is the retail price?
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Question 551239: The wholesale price of a pair of jeans is $16.00. If the jeans are marked up by 35% what is the retail price?
Answer by MsRedz123(24) (Show Source): You can put this solution on YOUR website!
Solution:
$16 = the wholesale price
35% =percentage increase so,
1.35 = 135 %(the wholesale price which is 100 % plus the increase which is 35%)
$16(1.35)=$21.60
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