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grin007 [14]
3 years ago
9

Refer to Mrs. Paul's sales for the month of August to calculate the following: 1.4.1 Mrs. Paul adds a 40% mark-up to all the sto

ck that she buys to make a profit. Calculate what her mark-up amount was in August on the cost price of th goods. ​
Mathematics
2 answers:
timofeeve [1]3 years ago
8 0

Answer:

let \: the \: cost \: price \: be \: x. \\ mark \: up \: percent = 40\%. \\ now \\  \\ mark \: up = 40\% \: of \: x \\  \frac{40}{100}  \times x \\  \frac{40x}{100}  \\ 0.04x.

laila [671]3 years ago
6 0

No cost price is given hence its not possible to calculate the actual answer.But don't worry I will simplify the equation till end that you can get the answer in fractions of sec

Solution:-

Let the Cost price be x

Mark up percent=40%

Now

Mark up=

\\ \sf\longmapsto 40\%\:of\:x

\\ \sf\longmapsto \dfrac{40}{100}\times x

\\ \sf\longmapsto \dfrac{40x}{100}

\\ \sf\longmapsto 0.04x

Just multiply The CP by 0.04 to get the answer

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