2 answers:
The original price is $44
Marked up means increased
The new price = 40% of 44 + 44
(40% of original price + original price)
40% of 44
40/100 * 44
17.6
17.6 + 44 = 61.6
Thus the new increased price is $61.6
The general formula to help you
Percentage of increase*original + original
You will take 44+(40/100 * 44) = 44 + 17.6 = $61.60 ($61.60 is going to be the retail price of the lamp).
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