SOLUTION: 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?
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Question 1082638: 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?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
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?
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Cost + 1.3*Cost = 77.77
77.77 = Cost*(1 + 1.3)
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