Q:

A pair of Basketball shoes was originally priced at $80, but was marked up 37.5%.What was the retail price of the shoes

Accepted Solution

A:
Hello! When it comes to mark up, you would add 1 to the percentage in decimal form, because the price is going up. After you do that, you multiply that number by the original price. In this case, 37.5% is 0.375 in decimal form. 1 + 0.375 is 1.375. 80 * 1.375 is 110. There. The retail price of the shoes is $110.