Please send help.....Find the markup and the selling price of the following item. Round answers to the nearest cent. A typewrite
r costing $75.00 marked up 40% on cost, find M = and S =
2 answers:
A typewriter costing $75.00 marked up 40% on cost M = 40 and S = 105
Answer:
M = 30 and S = 105.00
Step-by-step explanation:
The cost of a typewriter = $75.00
Marked up on cost (M)= 40%
We will find out marked up (M) =
× 75
= 0.40 × 75
M = 30
Now we will find out Selling price by adding cost of typewriter and marked up cost.
75.00 + 30 = 105
S = $105.00
Therefore,
M = 30 and S = 105.00
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