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28 May, 08:29

A local True Value Hardware Store marks its goods up 38% on cost. If a snowblower cost True Value $400, the selling price would be:

... ?

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  1. 28 May, 10:28
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    There are several information's already given in the question. Based on those given information's the answer can be easily deduced.

    Percentage by which a local

    True Value Hardware Store marks its goods up = 38%

    True value of the snowblower = $400

    Then

    Selling price of the snowblower = (138/100) * 400

    = 552 dollars

    From the above deduction, it can be concluded that the selling price of the snowblower would be $552. I hope the procedure is clear enough for you to understand.
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