A store marks its merchandise up 225% from the price it pays. The store buys a bag of chips for $1.20. How much will the store charge for the bag of chips? (PLS give an explanation too!!)

They would have to add that change up to cents because the store marks up to 225% from the prince it’s pays and we only add the 25 because if we add the 225 that changes the dollar that’s suppose to stay as 1$.

20+25=46 cents. U know it’s equals 45 cents because it’s just like counting by fives.

Sorry this is all I know about this problem.

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A store marks its merchandise up 225% from the price it pays. The store buys a bag of chips for $1.20. How much will the store charge for the bag of chips? (PLS give an explanation too!!)​

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A store marks its merchandise up 225% from the price it pays. The store buys a bag of chips for $1.20. How much will the store charge for the bag of chips? (PLS give an explanation too!!)