Question

The cost of manufacturing a printer is $35. The manufacturer has a markup of 15% when selling to a retailer. The retailer has a markup of 30%. what is the selling price of his printer?

Answer 1

Find 15% of 35:

0.15 * 35 = 5.25

Add it:

35 + 5.25 = 40.25

Now find 30% of this:

0.30 * 40.25 = 12.075

Add it:

40.25 + 12.075 = 52.325

So the price is approximately $52.33

Answer 2

The selling price of his printer is $ 52. 33