Problema Solution
a company purchased 10000 pairs of mens slacks for 19.66 per pari and marked them up 22.33. What was the selling price of each pair of slacks?
Answer provided by our tutors
Cost = $19.66
Markup = $22.33
Markup = Sell Price - Cost
Sell Price = Cost + Markup
Sell Price = 19.66 + 22.33
Sell Price = $41.99
The selling price of each pair of slacks was $41.99.