Solve. If needed, round money amounts to two decimal places and all other amounts to one decimal place.
-The local clothing store marks up the price that it pays to the clothing manufacturer by 36%. If the selling price of a pair of jeans is $113, how much did the clothing store pay for the jeans?
A) $176.56
B) $83.09
C) $153.68
D) $24.57

Question

Quizplus · Accepted Answer

The store marks up the price by 36%, meaning the selling price is 136% of the cost price. To find the cost price, divide the selling price by 1.36. $113 / 1.36 = $83.09.

Solve If Needed, Round Money Amounts to Two Decimal Places