Lopez Luggage buys suitcases for $2,520 per dozen.

Find the selling price per suitcase if the retailer maintains a markup of 30% on the selling price.

$237

$300

$210

$258

$273

Step-by-step explanation:

We can deduce the following from the question.

The cost price(c.p) of suicase dozen =$2,520

Profit percent(p%)=30%

From here we can calculate the selling Price(s.p) from the relation:

By substitution we obtain,

cross multiplying, we get:

adding 2520 to both sides

This implies that the selling price for the dozen of suitcase is $3275

To find the selling price of each suitcase we divide by 12

=$273

3

step-by-step explanation: