SOLUTION: Stevie bought a stereo for $280 and put it on sale at his store at a 65% markup rate. What was the retail Price of the stereo? Round to the nearest cent if necessary. Show your wor

Algebra ->  Probability-and-statistics -> SOLUTION: Stevie bought a stereo for $280 and put it on sale at his store at a 65% markup rate. What was the retail Price of the stereo? Round to the nearest cent if necessary. Show your wor      Log On


   



Question 760565: Stevie bought a stereo for $280 and put it on sale at his store at a 65% markup rate. What was the retail Price of the stereo? Round to the nearest cent if necessary. Show your work.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+280+%2B+.65%2A280+ is the marked up price
+280+%2B+182++=+465+
The retail price is $465