Calculating Price Using a Markup Percentage of Cost

Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 70%. The National Parks Memory Card Game costs $5.00 each, and another one, the Guess This Animal Track Game, costs $1.00 each.

Required:

1.What price will Lake McDonald Gift Shop charge for each National Parks Memory Card Game? If required, round your answer to two decimal places.

$

2.What price will Lake McDonald Gift Shop charge for each Guess This Animal Track Game? If required, round your answer to two decimal places.

$