A beach store pays $11.40 for each beach umbrella. The store's percent of markup is 75%. How much is a beach umbrella?

1 Answer
Apr 7, 2017

This means that the store increase the price of each beach umbrella by 75%.

Explanation:

$11.400.75=$8.55

75% of $11.40 is $8.55

$11.40+$8.55=$19.95

Each umbrella now cost $19.95