SOLUTION: Use the given information to find the new price. Round to the nearest cent. Original Price: $27 Markup Rate: 11% ______$

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Use the given information to find the new price. Round to the nearest cent. Original Price: $27 Markup Rate: 11% ______$      Log On


   

Question 417070: Use the given information to find the new price. Round to the nearest cent.
Original Price: $27
Markup Rate: 11%
______$
Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!

Original Price:
$27
Markup Rate:
11%

find 11% of 27
27%2A%2811%2F100%29=27%2A0.11=2.97
27%2B2.97=29.97