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frutty [35]
4 years ago
6

If a store uses a selling price-based markup of 40%, and an item costs the store $300, what selling price would the store set fo

r the item ?
A.335

B.400

C.435

D.500

My Answer is C.435
Business
1 answer:
drek231 [11]4 years ago
5 0

Answer:

Selling price would the store set for the item   500

Explanation:

SELLING PRICE= 100% 500  

COST=                  60% <u>300 </u>

MARKUP=          <u>40%</u> 200  

   

   

% Cost                  60%  300 Cost

%Selling price 100% x  

   

X=selling price    

X=100%*300/60%    

X=500    

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