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A jewelry supply shop buys silver chains from a manufacturer for c dollars each, and then sells the chains at a 57% markup. Find the expression and the retail price if purchased for $45.

Respuesta :

i believe it is 70.65

Answer:

$70.65

Step-by-step explanation:

Givens

  • The cost per chain is [tex]c[/tex] dollars.
  • The manufacturer sells the chains at a 57% markup, which is the difference between the cost and the sell price, which can be expressed as follows

[tex]markup=sell-cost[/tex]

[tex]0.57c=sell-c[/tex], where [tex]c=45[/tex]

[tex]0.57c+c=sell\\sell=1.57c=1.57(45)=70.65[/tex]

Therefore, the retail price is $70.65

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