Questions: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item Cost Amount of Markup Selling price Percent Markup Based on Cost --- --- --- --- --- --- Bookcase 43.40 24.50 x %

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

Item  Cost  Amount of Markup  Selling price    Percent Markup Based on Cost
---  ---  ---  ---  ---  ---
Bookcase  43.40  24.50    x  %
Transcript text: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. \begin{tabular}{|c|c|c|c|c|c|} \hline Item & Cost & Amount of Markup & \multicolumn{2}{|c|}{Selling price} & Percent Markup Based on Cost \\ \hline Bookcase & $\$ 43.40$ & $\$ 24.50$ & \$ & $x$ & \% \\ \hline \end{tabular}
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Solution

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Solution Steps

Step 1: Calculate the Selling Price (S)

To find the selling price, we add the cost (C) and the amount of markup (M). Using the formula: $S = C + M$, where $C = 43.4$ and $M = 24.5$.

Final Answer: The selling price (S) is $67.9.

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