The owner of a sporting goods store has decided upon a 50-percent markup on all apparel. How much will the store charge for bicycle shorts it purchased from the wholesaler for $10 each? What did the store pay for running shoes that are selling for $75?

$15, $50

Step-by-step explanation:

Given:

The owner of a sporting goods store has decided upon a 50-percent markup on all apparel.

Question asked:

How much will the store charge for bicycle shorts it purchased from the wholesaler for $10 each?

What did the store pay for running shoes that are selling for $75?

Solution:

Cost price of  bicycle shorts = $10

Mark up amount =  50% of $10

                            =

Selling price of bicycle shorts = Cost price + Mark up amount

                                      = $10 + $5 = $15

Thus, the store will charge $15 for bicycle shorts.

Selling price of running shoes = $75

Cost price of running shoes = ?

Mark up amount = 50% of Cost price

Selling price of running shoes = Cost price + Mark up amount

Thus, the store paid $50 for running shoes that are selling for $75.

correct answer:

i^31 = -i