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Question

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  1. a store pays $85 for a bicycle. the percent of markup is 25%. what is the selling price?
  2. kelsie sold cameras on her website. she bought the cameras for $87 each and included a 75% markup to get the selling price. to the nearest dollar, what was the selling price for one camera?
  3. a store purchased a video game for $18.00 and sold it to a customer for 60% more than the purchase price. the customer was charged an 8% tax when the video game was sold. what was the customers total cost for the video game?

a) $31.10
b) $30.24
c) $31.24
d) $30.18

  1. during a sale, a store offered a 30% discount on a particular camera that was originally priced at $350. after the sale, the discounted price of the camera was increased by 30%. what was the price of camera after this increase?

a) $350
a) $318.50
b) $455
c) $245

  1. alyssa bought a car for $19,000. she wants to sell it and make a 15% profit. what would she have to sell it for?
  2. vincent bought a drone for $850. he is looking to make money by selling it. how much would he have to sell it for to make a 5% profit?

Explanation:

Step1: Calculate bicycle selling price

First, find the markup amount: $\$85 \times 0.25 = \$21.25$. Add to cost: $\$85 + \$21.25 = \$106.25$

Step2: Calculate camera selling price

Find markup amount: $\$87 \times 0.75 = \$65.25$. Add to cost: $\$87 + \$65.25 = \$152.25 \approx \$152$

Step3: Calculate video game total cost

First, find pre-tax selling price: $\$18 \times 1.60 = \$28.80$. Add 8% tax: $\$28.80 \times 1.08 = \$30.10$

Step4: Calculate final camera price

First, find discounted price: $\$350 \times (1-0.30) = \$245$. Increase by 30%: $\$245 \times 1.30 = \$318.50$

Step5: Calculate car selling price

Find total selling price: $\$19000 \times 1.15 = \$21850$

Step6: Calculate drone selling price

Find total selling price: $\$850 \times 1.05 = \$892.50$

Answer:

  1. $\$106.25$
  2. $\$152$
  3. a) $\$30.10$
  4. a) $\$318.50$
  5. $\$21850$
  6. $\$892.50$