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?

Algebra ->  Percentage-and-ratio-word-problems -> 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?      Log On


   

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) About Me  (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