A store sells tennis shoes and bought them for $60. If the mark-up rate is 36%, what is the final price of the shoes?

Question

$21.60
$96
$81.60
$38.40

Answer 1

The mark-up amount is 36% of the cost of the shoes, so the mark-up amount is 36/100 * 60 = $<<36/100*60=21.60>>21.60.
Adding the mark-up amount to the cost gives a final price of 60 + 21.60 = $<<60+21.60=81.60>>81.60
Therefore, the final price of the shoes is $81.60. Answer: \boxed{C}.