I think you clicked on the correct answer! Correct me if I’m wrong!
I can’t really see the graph
If your cost is $8.00 and you wish to markup that price by 40%, 80% + 40% = 120%. Divide the $8.00 cost by 120% and get the retail price of $15.00. Therefore, the markup amount is $7.00 ($15.00 - $8.00 = $7.00) and the selling price is $15.
