Answer both parts a and b for full credit.
A store that sells skis buys them from a manufacturer at a wholesale price of $63. 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? Show your work.

a. 50% is equivalent to [tex]\frac{1}{2},[/tex] this means that the store charge its customers for the skis [tex]\frac{1}{2}[/tex] more than the skis price.

[tex]\dfrac{1}{2}\cdot \$63=\$31.50,[/tex]

then the price of the skis in the store is

[tex]\$63+\$31.50=\$94.50[/tex]

b. Let the original price be 100%, then

$63 - 100%

$94.50 - x%

Write a proportion:

[tex]\dfrac{63}{94.5}=\dfrac{100}{x}\\ \\63x=94.5\cdot 100\\ \\63x=9,450\\ \\x=\dfrac{9,450}{63}=150\%[/tex]

Answer both parts a and b for full credit. A store that sells skis buys them from a manufacturer at a wholesale price of $63. 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? Show your work.

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Answer both parts a and b for full credit.
A store that sells skis buys them from a manufacturer at a wholesale price of $63. 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? Show your work.