Answer :
Answer: $186
Step-by-step explanation: To find out how much Mr. Kelly sold the pair of shoes for, you can calculate the selling price by adding the markup to the original cost.
Markup = 55% of $120 = 0.55 * $120 = $66
Selling price = Original cost + Markup = $120 + $66 = $186
Therefore, Mr. Kelly sold the pair of shoes for $186.
Therefore, he sold the pair of shoes for 186 dollars.
To calculate the selling price, we need to add the 55% markup to the original $120 cost.
The markup percentage is 55%, which means the selling price is 155% of the original cost.
To calculate the selling price:
• 155% of $120 = 1.55 x $120 = $186
Therefore, Mr. Kelly sold the pair of shoes for $186.
The key steps are:
1. Original cost of shoes: $120
2. Markup percentage: 55%
3. Selling price = Original cost x (1 +
Markup percentage) = $120 × 1.55
= $186
So Mr. Kelly sold the pair of shoes for $186
The markup percentage is 55%, which means the selling price is 155% of the original cost.
To calculate the selling price:
• 155% of $120 = 1.55 x $120 = $186
Therefore, Mr. Kelly sold the pair of shoes for $186.
The key steps are:
1. Original cost of shoes: $120
2. Markup percentage: 55%
3. Selling price = Original cost x (1 +
Markup percentage) = $120 × 1.55
= $186
So Mr. Kelly sold the pair of shoes for $186
