SOLUTION: A school store sells pens. Each pen costs the store $.55. The store then marks up the price 65% what is the selling price of each pen?

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Question 1142246: A school store sells pens. Each pen costs the store $.55. The store then marks up the price 65% what is the selling price of each pen?
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
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The selling price of each pen is  55 cents multiplied by  (1+0.65) = 1.65 :


     55*1.65 = 90.75 cents = 91 cent (rounded).      ANSWER