Solve the Problem. -Stevie Bought a Stereo for $225 and Put It on Put

question 238

Multiple Choice

Solve the problem.
-Stevie bought a stereo for $225 and put it on sale at his store at a 55% markup rate. What was the retail price of the stereo? Round to the nearest cent if necessary.

• A)$348.75
• B)$325.00
• C)$248.75
• D)$450.00

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Definitions:

Expense Amounts

The total amounts spent on purchases or costs incurred by an individual or an organization.

Vertical Axis

The y-axis in a chart or graph, which typically represents the range of values for a particular variable.

Quick Layout button

A feature in Microsoft Office applications, especially PowerPoint, that allows users to quickly change the layout of slides according to pre-defined templates.

Select Chart Element button

A feature in charting software that allows users to choose specific elements of a chart for formatting or modification.