Maggie makes customized bracelets. She sells them at a 30% mark up. If the supplies for one bracelet cost $1.50, how much will she sell her bracelets for?

Answer 1

First, we need to calculate the mark up price.

Mark up price = Cost price x Mark up percentage
Mark up price = $1.50 x 30% = $1.50 x 0.30 = $0.45

Total selling price = Cost price + Mark up price
Total selling price = $1.50 + $0.45 = $1.95

Therefore, Maggie will sell her bracelets for $1.95 each.