Question

Macy's department stores markup men's cologne 63% on cost for an 8 ounce bottle. A bottle of cologne costs Macy $23.00. What is the selling price for the 8 ounce bottle

Answer 1

use ratio and proportion
$23/$x=63%/100%
cross multiply
63x= 2300
divide
x= $ 37.50 selling price

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