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22 September, 22:50

shoe store uses a 40% markup for all of the shoes it sells. What would be the selling price of a pair of shoes that has a wholesale cost of $69

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  1. 23 September, 01:45
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    Answer: $96.60

    Step-by-step explanation:

    40% * 69 = markup price

    0.4 * 69 = 27.6

    Now add it to the wholesale price which is the price the store bought the shoes.

    $27.6 + $69 = $96.60

    or

    100% + 40% = 140%

    140% of 69 = ?

    1.4 * 69 = $96.60
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