Lonnie Ianazzo, owner of Anthony's Jewelers in Tulsa, Oklahoma, marks up diamond earrings 83% on cost. The earrings cost Anthony's Jewelers $120 each. At what price should Anthony's sell the earrings?

Name: Lonnie Ianazzo, owner of Anthony's Jewelers in Tulsa, Oklahoma, marks up diamond earrings 83% on cost. The earrings cost Anthony's Jewelers $120 each. At what price should Anthony's sell the earrings?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Markup = 120 × .83 = $99.60; Selling Price = $120 + 99.60 = $219.60

Lonnie Ianazzo, Owner of Anthony's Jewelers in Tulsa, Oklahoma, Marks