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26 March, 14:53

Dana buys dress shirt from a clothing manufacturer for y dollars each, and then sells the dress shirts in her retail clothing store at a 35% markup. What is the retail price of a dress shirt that dana purchased for 32.00 dollars?

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  1. 26 March, 18:00
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    a) 35% as a decimal is 0.35

    b) Using the formula retail price = original price + markup gives s + 0.35s = 1.35s

    c) Plugging in s = 32 into the expression gives a retail price of 1.35 (32) = 43.20

    d) The amount of markup was 0.35 (32) = 11.20
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