Question

a grocery store buys organic apples for $0.75 per apple. the grocery store marks up the cost of each apple by 18%. to the nearest cent, how much will one organic apple cost at the grocery store? enter the correct answer in the box.

Explanation:

Step1: Calculate the markup amount

The markup percentage is \(18\%=0.18\). The cost per apple is \(C = 0.75\) dollars. The markup amount \(M\) is calculated as \(M=0.75\times0.18\).

$$M = 0.75\times0.18=0.135$$

Step2: Calculate the selling price

The selling price \(S\) of the apple is the sum of the cost price and the markup amount. So \(S=0.75 + M\). Substitute \(M = 0.135\) into the formula:

$$S=0.75+0.135 = 0.885$$

Step3: Round to the nearest cent

Since we need to round to the nearest cent (hundredth of a dollar), for \(0.885\), looking at the thousandth - digit (\(5\)), we round up. So \(0.885\approx0.89\)

Answer:

\(0.89\)