Question

The wholesale price for a shirt is $ 6.50 . A certain department store marks up the wholesale price by 60 % . Find the price of the shirt in the department store. Round your answer to the nearest cent, as necessary.

Answer 1

6.5(1.6)= $10.40 in the dept store

Answer 2

The price of the shirt in the department store is $10.40.

What is the price of the shirt?

Percentage is the fraction of an amount that is usually expressed as a number out of hundred. When the price of an item is marked up, it means that the price is increased by a certain percentage.

Price after the mark up = (1 + markup) x initial price

(1.6) x 6.50 = $10.40

To learn more about percentages, please check: https://brainly.com/question/25764815

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