Good Day Shoe Emporium bought children's shoes at 299.95 pesos a pair. At what price should the shoes be sold if the 30% mark on rate on the cost is imposed?

Respuesta :

It is given that the shoes are bought at 299.95 pesos.

It is also given that a 30% mark on rate is imposed on the cost.

So the selling price is given by:

[tex]299.95+\frac{30}{100}\times299.95=389.935[/tex]

So the selling price should be 389.935 pesos.