Question

A toy store buys action figures from a factory for $8.00 per action figure. If they mark-up the toys 110% before selling them, what is the price of one of the action figures in the store?

Answer 1

Manufacturer's price for the action figure =$8.00

Percentage of increase in the action figure's price =110%

The price of one of the action figures in the store :-

$= 8+110\% \: \: of \: \: \: 8$

$= 8 + \frac{110}{100} \times 8$

$= 8 + \frac{110 \times 8}{100}$

$= 8 + \frac{880}{100}$

$= 8 + 8.80$

$= 8 + 8.8$

$= 16.8$

Thus, the selling price of the action figure =$16.8

Therefore, cost of one of the action figures in the store =$16.8

Answer 2

Answer:16.8

Step-by-step explanation: