Answer:
a. $49
b. $74.28
c. No
Step-by-step explanation:
The computation is shown below:
a. The store price is
= Purchase price + markup
= $35 + $35 × 40%
= $35 + $14
= $49
b. The price paid is
Since there is a markup of 40% and when it is added to 100% of cost so the selling price is 140% of the cost or 1.40 of the cost
Now the price paid is
$104 = 1.40 × cost
So, the cost is
= $104 ÷ 1.40
= $74.28
c. Now the markup is
= $100 - $75
= $25
The markup percentage is
= $25 ÷ $75
= 33.33%
No the store does not markup the price by 40%
It's only true for specific x values but not all x values. The final answer is FALSE.<span>
</span>
Answer: 30
Step-by-step explanation:
16+6+18
