Write an equation given linear situation.
1 answer:
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A customer will pay $225.5 for one rug.
Step-by-step explanation:
Given,
Purchase price of rug = $82.00
Mark up = 150%
Amount of mark up = 150% of purchase price
Amount of mark up =
Amount of mark up = 1.5*82 = $123
Price of rug after mark up = Purchase price + Mark up
Price of rug after mark up = 82+123 = $205
Sales tax = 10%
Amount of sales tax = 10% of price after markup
Amount of sales tax =
Selling price = Price after markup + Amount of sales tax
Selling price = 205+20.5 = $225.5
A customer will pay $225.5 for one rug.
Keywords: percentage, markup
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