Asporting goods store pays $180 for a rubber raft. the percent of markup is 55%. find the raft’s selling price.

a) $327.27
b) $81
c) $279
d) $99

The correct answer is C) $279

Step-by-step explanation:

A sporting goods store pays $180 for a rubber raft.

The percent of markup is 55%.

Markup price = dollars

So, the selling price means purchase price plus mark up price.

The selling price is = dollars

Hence, the answer is $279.