Question

Find the selling price for each item given the cost and the percent of markup

Jacket: $25; 32% markup

Answer 1

1.32 * 25 = 33

Answer 2

Thanks so much!

Answer 3

You are welcome.

Answer 4

[AI-generated answer — Explain Bot]

To find the selling price of an item when given the cost and the markup percentage, you can use the following formula:

Selling Price = Cost + (Markup Percentage * Cost)

Let's calculate the selling price of the jacket using this formula:

Cost of the jacket: $25
Markup Percentage: 32%

Markup Amount = Markup Percentage * Cost = 32% * $25 = $8

Selling Price = Cost + Markup Amount = $25 + $8 = $33

Therefore, the selling price of the jacket is $33.