5.PS-16 Question Help A shoe store uses a 60% markup for all of the shoes it sells. What would be the selling price of a pair of shoes that has a wholesale cost of $55? The selling price would be $. (Round to the nearest cent as needed.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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5.PS-16
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A shoe store uses a 60% markup for all of the shoes it sells. What would be the selling price of a pair
of shoes that has a wholesale cost of $55?
The selling price would be $
(Round to the nearest cent as needed.)
Enter your answer in the answer box and then click Check Answer.
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Transcribed Image Text:5.PS-16 Question Help A shoe store uses a 60% markup for all of the shoes it sells. What would be the selling price of a pair of shoes that has a wholesale cost of $55? The selling price would be $ (Round to the nearest cent as needed.) Enter your answer in the answer box and then click Check Answer. All narte chowing < Back Next> Review progress Question 9. of 9 pe here to search
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Given that

A shoe store uses a 60% markup for all the shoes it sells.

Wholesale cost of each pair would be $55

To find

The selling price of a pair.

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