a store pays $45 for a radio. The store marks the radio up. 30% what is the selling price for the radio.
SHOW WORK
Selling price = $45 + ($45 * 0.30)
Selling price = $45 + $13.50
Selling price = $58.50
1.30 * 45 = 58.5
To find the selling price of the radio, we need to add the markup to the cost price.
Step 1: Calculate the markup amount.
Markup = 30% of $45
Markup = (30/100) * $45
Markup = $13.50
Step 2: Add the markup to the cost price.
Selling price = Cost price + Markup
Selling price = $45 + $13.50
Selling price = $58.50
Therefore, the selling price for the radio is $58.50.
To find the selling price of the radio, we need to add the markup to the cost price.
First, let's calculate the markup amount:
Markup = 30% of the cost price
Markup = 0.3 * $45 = $13.50
Now, we can find the selling price by adding the markup to the cost price:
Selling Price = Cost Price + Markup
Selling Price = $45 + $13.50 = $58.50
Therefore, the selling price for the radio is $58.50.