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13 August, 10:33

Fred buys flags from a manufacturer for (unknown) dollars each then sells the flags in his store for a 26% markup.

Write the markup as a decimal

Write the expression for the retail price of the flag

What is the retail price of a flag for which fred paid $40

How much was added to the cost of the flag (what was the markup)

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  1. 13 August, 13:07
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    The markup is 1.26 (the amount added is. 26)

    1.26x (when x is the price Fred buys them for from the manufacturer)

    1.26 (40)

    $50.40 is the retail price

    50.4-40

    $10.40 is the markup
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