3 years ago

Your typical markup for merchandise is 40%. your cost on an item is $8.00. calculate the selling price.

1 answer:

6 0

The selling price would be $11.20.

40% = 40/100 = 0.4

The mark up is 40% of the cost; this means 40% of 8:

40% of 8 = 0.4(8) = 3.20
8 + 3.20 = 11.20

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2 years ago

Read 2 more answers

Fred is trying to earn $35 to buy a basketball. He has saved $11.25. He earns $2.25 per hour doing yard work for his neighbor, a

rjkz [21]

$2.25y + 7.25z + 11.25 \geq 35 \\ y = 2 \\ z = 3 \\ 2.25(2) + 7.25(3) + 11.25 \geq 35 \\ 4.50 + 21.75 + 11.25 \geq 35 \\ 37.5 \geq 35$
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2 years ago