Answer:
The retail price to purchase a remote-controlled car at the hobby store is $42
Step-by-step explanation:
Original Price of remote controlled car = $35
Mark up = 20%
We need to find retail price.
First we will find mark up value i.e. 20% of 35 and then add it to the original price to find retail price.
Finding 20% of 35
[tex]20\% \:of\: 35\\=\frac{20}{100}\times 35\\=7[/tex]
So, mark up price is $7
Now, the retail price will be:
Retail price = Original Price + Mark up
Retail price = 35 + 7
Retail price = 42
So, the retail price to purchase a remote-controlled car at the hobby store is $42
