Answer:
(d) R702,00
Step-by-step explanation:
If R477 represents 212% of the cost price, you want to know the selling price.
Selling price
The selling price is the sum of the cost price and the markup.
sp = cp + m·cp = cp(1 +m)
If the markup is 212%, then we have ...
[tex]R477=(212\%)\cdot cp\\\\cp=\dfrac{R477}{212\%}=\dfrac{R477}{2.12}[/tex]
Then the selling price is ...
[tex]sp=\left(\dfrac{R477}{2.12}\right)(1+2.12)=R477\left(\dfrac{3.12}{2.12}\right)=R702[/tex]
Smart Shoe Store will sell their takkies for R702, choice D.
