Solve the percent problem.
-Stevie bought a stereo for $\$ 260$ and put it on sale at his store at a $50 \%$ markup rate. What was the retail price of the stereo?
A) $\$ 360.00$
B) $\$ 290.00$
C) $\$ 390.00$
D) $\$ 520.00$

Question

Quizplus · Accepted Answer

The retail price is calculated by adding the markup to the original price. A 50% markup on $260 is $130 (50% of $260), so the retail price is $260 + $130 = $390.

Solve the Percent Problem $260\$ 260$260 And Put It on Sale at His Store at A 260

Solve the Percent Problem $\$ 260$ And Put It on Sale at His Store at A 260