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Question
a pair of shoes that cost $76.50 was marked up 10%. what was the new price of the shoes? $ type your answer...
Step1: Find the markup amount
To find the markup, calculate 10% of the original price. The formula for percentage of a number is $ \text{Markup} = \text{Original Price} \times \text{Markup Percentage} $. So, $ 76.50 \times 0.10 = 7.65 $.
Step2: Add markup to original price
The new price is the original price plus the markup. So, $ 76.50 + 7.65 = 84.15 $.
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$84.15$