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irga5000 [103]
4 years ago
10

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

Business
1 answer:
LenaWriter [7]4 years ago
7 0
The selling price is $11.20. Here's how it is calculated: 
The cost is $8.00
 The 40% markup is calculated at $8.00 times 0.4 = $3.20.
 So the selling price is the sum of $8.00 and $3.20 = $11.20.
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