Current Attempt in Progress Assume Smith's Shoe Store has decided to add hiking boots to its inventory to be more competitive with another shoe store in the same mall where Smith is located. If Smith can purchase the boots at $30, what price should the store charge to maintain a 55% markup on the boots? (Round answer to 2 decimal places, e.g. 1.64.) Smith would charge $ Save for Later Attempts: 0 of 1 used Submit