A store that sells skis buys them from a manufacturer at a wholesale price of $57. The store's markup rate is 50%


A. What price does the store charge its customers for the skis?


B. What percent of the original price is the final price?


C. What is the percent INCREASE from the original price to the final price?

Respuesta :

Answer: a0 $85.5

b) 150%

c) 50%

Step-by-step explanation:

Since we have given that

Original price of skis = $57

Mark up rate = 50%

Amount of mark up is given by

[tex]\frac{50}{100}\times 57\\\\=\frac{57}{2}\\\\=\$28.5[/tex]

According to question,

a) Price after markup becomes

[tex]\$57+\$28.5\\\\=\$85.5[/tex]

b) What percent of the original price is the final price?  

[tex]\frac{x}{100}\times 57=85.5\\\\x=\frac{85.5\times 100}{57}\\\\x=150\%[/tex]

c)  What is the percent INCREASE from the original price to the final price?

Increase =$28.5

Percent increase from original to final is given by

[tex]\frac{28.5}{57}\times 100\\\\=50\%[/tex]

The price that was charged will be $85.50. The percentage of the original price will be 150% and the percentage increase is 50%.

  • From the information, the amount of markup will be:

= 50% × $57

= 0.5 × $57

= $28.50

  • Therefore, the new price will be:

= $57 + $28.50

= $85.50

In conclusion, the percentage of the original price will be 150% and the percentage increase is 50%.

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