A sports shop got a skateboard that cost them $80. In order to make a profit, they decide to add a 37.5% markup. What is the retail price of the
skateboard?

The retail price of the skateboard =

Given :

▪︎Cost price of a skateboard in a sports shop = $80

▪︎Percentage of markup in the price of the skateboard = 37.5%

Which means :

The retail price of the skateboard :

= Intial price of skateboard + 37.5% of it's initial price

Therefore, the retail price of the skateboard = $110

here is the

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