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9 January, 09:42

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

a.$4.80

b.$8.32

c.$11.20

d.$12.00

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  1. 9 January, 12:54
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    The selling price would be $11.20.

    40% = 40/100 = 0.4

    The mark up is 40% of the cost; this means 40% of 8:

    40% of 8 = 0.4 (8) = 3.20

    8 + 3.20 = 11.20
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