Posted by **help** on Friday, July 6, 2012 at 7:35pm.

A men's shoe store uses a markup rate of 115% on its most popular brands of shoes. If the shoe store buys a pair of popular-brand shoes for a wholesale price of $79, what will be the retail price of the shoes, to the nearest cent?

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**Ms. Sue**, Friday, July 6, 2012 at 8:19pm
79 * 1.15 = 90.85

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