Dana buys dress shirts

Asked by maham237 @ 13/02/2021 in Mathematics viewed by 161 People

Dana buys dress shirts from a clothing manufacturer for s dollars each, and then sells the dress in her retail clothing store at a 35% markup
a. Write the markup as a decimal

b. write an expression for the retail price

c. What is the retail price of a dress shirt that Dana purchased for 32.00

d. How much was added to the original price of the dress shirt?

Answered by maham237 @ 13/02/2021

To convert a percent to decimal:
$\frac{\text{Percentage\ number}}{100} = \text{Decimal\ number}$
$35\%=\frac{35}{100} = .35$

35% markup means that the price increases by 35% from its original price, therefore:
Retail price $= s+.35*s$
$R = 1.35s$

Substitute in 32 for $s$
$R = 1.35(\$32)$
$R = \$43.2$

Either do $.35s$ or $R-s$ , since they are equal and both give the answer
$.35s = .35(32)$
Markup (what was added to the original price) = $\$11.2$

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