Evaluate ab – 0.55 when a 1 and b = 5.
1 answer:
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Answer:
The 40% marked up price of refrigerator is $1260.
Step-by-step explanation:
The cost price of the refrigerator = $900
Now, the mark up should be 40%
Calculating the markup on the cost price , we get
40 % of $900 =
or, 40 % mark up = $360
Now, the Marked up cost = Cost Price + Marked up Price
= $900 + $360 = $1260
Hence, the 40% marked up price of refrigerator is $1260.