The wholesale price for a pair of shoes is $5.50. A certain department store marks up the wholesale price by 70% . Find the price of the pair of shoes in the department store.
Round your answer to the nearest cent, as necessary.
The markup amount is:
0.70 * $5.50 = $3.85
So the department store's price is:
$5.50 + $3.85 = $9.35
Rounded to the nearest cent, the price of the pair of shoes in the department store is $9.35.