Johnny Macs Sporting Goods bought a baseball glove from Rawlings Sporting Goods for $66.00. They want to mark up the glove 70% o

Question

dusya [7]

2 years ago

14

Johnny Macs Sporting Goods bought a baseball glove from Rawlings Sporting Goods for $66.00. They want to mark up the glove 70% o

n selling price. What should Johnnys sell the glove for? I got 112.20, but answer is incorrect. HELP!

Mathematics

1 answer:

amm1812 · Answer 1 · 2022-06-26T16:32:01+03:00

<span>Your answer seems perfectly logical in the world of math. Unfortunately, the world of retail sales calculates markup percentage differently. If a remember correctly, the markup percentage is based upon the final price. Try the following: X is the final selling price. So X minus 70% of X is equal to $66.00 : X-(0.7X)=66, 0.3X=66, 66/0.3=X, X=220

Was $220.00 one possible answer?</span>