Question

katie sold digital cameras on her web site. she bought the cameras for $65 each and included a 60% markup to get the selling price. to the nearest dollar, what was the selling price for one camera?

Explanation:

Step1: Calculate the markup amount

The markup rate is 60%, and the cost price is $95. The markup amount is calculated as 60% of $95. So, markup = $95\times\frac{60}{100}$ = $95\times0.6$ = $57$.

Step2: Calculate the selling price

Selling price = Cost price + Markup amount. So, selling price = $95 + 57$ = $152$.

Answer:

152