QuestionMay 5, 2026

(4) An art store manager buys and sells art supplies. a. The store manager buys easels for 10.20 each. He marks up the cost by 75% to get the selling price. What is the selling price of each easel? Show your work.

(4) An art store manager buys and sells art supplies. a. The store manager buys easels for 10.20 each. He marks up the cost by 75% to get the selling price. What is the selling price of each easel? Show your work.
(4) An art store manager buys and sells art supplies.
a. The store manager buys easels for 10.20 each. He marks up
the cost by 75%  to get the selling price. What is the selling
price of each easel? Show your work.

Solution
4.1(232 votes)

Answer

17.85 Explanation 1. Calculate markup amount Markup = 10.20 \times 75\% = 10.20 \times 0.75 = 7.65 2. Calculate selling price Selling price = Cost + Markup = 10.20 + 7.65 = 17.85

Explanation

1. Calculate markup amount <br /> Markup = $10.20 \times 75\% = 10.20 \times 0.75 = 7.65$ <br /><br />2. Calculate selling price <br /> Selling price = Cost + Markup = $10.20 + 7.65 = 17.85$
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