A store pays $24 for an item and has a markup rate of 125%.  What is the retail cost of the item? Retail price is: ___$29 ___$36 ___$48 ___$54

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.2: Applied Problems
Problem 3E
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A store pays $24 for an item and has a markup rate of 125%.  What is the retail cost of the item?

Retail price is:

___$29

___$36

___$48

___$54

 

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