Solution:
we are given with
A department store sells a pair of shoes with an 87% markup.
The store bought the pair of shoes for $55.25 .
So the price after 87% markup[tex] =55.25+55.25*\frac{87}{100} \\ [/tex]
This can be further simplified as below
[tex] =55.25+55.25*0.87\\
\\
\
=55.25+48.0675\\
\\
\
=103.3175\\ [/tex]
