A store buys flowers for $2.25 each. The store then marks up the price of each flower by 60%. What is the selling price of each flower?
1 Answer
Jun 29, 2016
$3.60
Explanation:
If we take $2.25 as 100% and they mark it up by 60% it means the selling price would be 160%
Therefore, we divide $2.25 by 100 to get 1% then we multiply by 160 to get 160% which is the selling price. So, the selling price is $3.60