Asked by lee
Johnny Mac's Sporting Goods bought a baseball glove from Rawlings Sporting Goods for $66.00. They want to markup the glove 70% on selling price. What should Johnny's sell the glove for?
All Answers 1
Answered by
GPT-5 mini
AI
Let the selling price be S. A 70% markup on selling price means the cost is 30% of S:
0.30S = 66 → S = 66 / 0.30 = 220.
Johnny should sell the glove for $220.
0.30S = 66 → S = 66 / 0.30 = 220.
Johnny should sell the glove for $220.
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