Answer + Step-by-step explanation:
To find the percent of markup before tax, we can use the formula:
Percent Markup = ((Selling Price - Cost Price) / Cost Price) * 100
In this case, the Selling Price is $90.10 and the Cost Price is $50.88. Let's calculate the percent markup:
Percent Markup = (($90.10 - $50.88) / $50.88) * 100
Percent Markup ≈ 76.95%
So, the percent of markup before tax is approximately 76.95%. The markup per pair of boots is the difference between the selling price and the cost price, which is $39.22.