Ask Question
12 July, 22:54

A store marks up merchandise 40%for profit. If an item costs the store $12, what is the selling price?

+1
Answers (1)
  1. 13 July, 02:35
    0
    40% of $12

    = 40% * 12

    = (40/100) * 12

    = 0.4 * 12 = 4.8

    Since it is a profit, selling price = 12 + 4.8 = 16.8

    Selling price = $16.80

    Hope this explains it.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A store marks up merchandise 40%for profit. If an item costs the store $12, what is the selling price? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers