selling price

The Soft Step Floor Company purchases carpeting for $5.12 per square yard and marks it up 55% based on the selling price. What is the selling price per square yard?
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2 Answers

5.12x1.55=7.936=$7.94
by Level 8 User (35.3k points)
selling price= cost/100%- markup %

x=5.12/ (100%- 55%)

x= 5.12/ 0.45

x= 11.38

I had the same math problem and this was the right answer
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