To find the total selling price, we first need to determine the selling price per toy.
The markup percentage is 15%, which means the selling price is 100% + 15% = 115% of the cost price.
115% of $20 is (115/100) * $20 = $23.
Now, we can calculate the total selling price:
Total selling price = Selling price per toy * Number of toys
Total selling price = $23 * 100 = $2300
Therefore, the total selling price of all the toys is $2300.
Question content area top
Part 1
A store bought 100 toys at a cost of $20 each. The store sold all the toys at a percent markup of 15%. Find the total selling price.
1 answer
1 answer