# The cost for a pair of shoes is $12. The shoes are marked up 40% . How much do they charge for the shoes?

##### 1 Answer

Nov 30, 2016

The answer is $16.80

#### Explanation:

The cost of the pair of shoes = $12

Marked up 40%

Meaning = 100% + 40% because it was marked up to 40%.

x = 140%

so,

140% of $12 is $16.80.