Question

An electric toothbrush costs $56, including a 40% price markup. What was the cost for the store to purchase the electric toothbrush?
A) $22.40
B) $30.00
C) $40.00
D) $64.80

Answer 1

The cost for the store to purchase the electric toothbrush will be;

⇒ $22.40

What is mean by Percentage?

A number or ratio that can be expressed as a fraction of 100 or a relative value indicating hundredth part of any quantity is called percentage.

To Calculate the percent of a number , divide the number by whole number and multiply by 100.

Given that;

The cost of electric toothbrush = $56

And, The price of markup = 40%

Now,

Since, The cost of electric toothbrush = $56

And, The price of markup = 40%

So, The cost for the store to purchase the electric toothbrush is;

=  (40% of $56)

= (40/100 x 56)

=  $22.4

Thus, The cost for the store to purchase the electric toothbrush will be;

⇒ $22.40

Learn more about the percent visit:

brainly.com/question/24877689

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