SOLUTION: Foodmart buys a frying pan for $12.95 while using a markup of 28% on cost. Find the selling price.

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Foodmart buys a frying pan for $12.95 while using a markup of 28% on cost. Find the selling price.      Log On


   

Question 1139977: Foodmart buys a frying pan for $12.95 while using a markup of 28% on cost. Find the selling price.
Found 2 solutions by josgarithmetic, MathTherapy:
Answer by josgarithmetic(39623) About Me  (Show Source):
Answer by MathTherapy(10555) About Me  (Show Source):
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Foodmart buys a frying pan for $12.95 while using a markup of 28% on cost. Find the selling price.
A 28% MARKUP on $12.95 results in a selling price of highlight_green%28matrix%281%2C4%2C+%2216.576%2C%22%2C+rounded%2C+to%2C+%22%2416.58%22%29%29