khaikin2014 khaikin2014

27-01-2021
Mathematics

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A company purchased 10,000 pairs of men's slacks for $19.36 per pair and marked them up $22.33 What was the selling price of each pair of slacks? Use the formula

Respuesta :

andromache andromache

01-02-2021

Answer:

$41.69

Step-by-step explanation:

The computation of the selling price of the each pair of slacks is as follows:

Given that

Cost = $19.36 per pair

Markup = $22.33

As we know that

Markup = Sell Price - Cost

So,

Sell Price = Cost + Markup

= $19.36 + $22.33

= $41.69

Hence, the selling price is $41.69

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