Maryann is a sales associate at a jewelry store. She receives bracelets that cost $115 each and marks them up 35%. What is the selling price of a bracelet?

Question

Quizplus · Accepted Answer

To find the selling price, we need to first calculate the markup amount. Markup = Original price x Markup percentage = $115 x 0.35 = $40.25. Then we add the markup amount to the original price to get the selling price: Selling price = Original price + Markup amount = $115 + $40.25 = $155.25. Therefore, the correct choice is C.

Maryann Is a Sales Associate at a Jewelry Store