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A computer store bought a program at a cost of $20. When the store sold the computer program, the percent markup was 40%. Find the selling p
Question
A computer store bought a program at a cost of $20. When the store sold the computer program, the percent markup was 40%. Find the selling price.
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Mathematics
3 years
2021-08-24T05:59:10+00:00
2021-08-24T05:59:10+00:00 2 Answers
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Answers ( )
40% markup means the sale price is 1.40 times the cost. 1.40($20) = $28
Answer:
$28
Step-by-step explanation:
Selling price
= $20(1+40%)
= $20(1.4)
= $28