Question
Calculating Price Using a Markup Percentage of Cost Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 60%.
Calculating Price Using a Markup Percentage of Cost
Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 60%. The National Parks Memory Card Game costs $15.00 each, and another one, the Guess This Animal Track Game, costs $1.50 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. $
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