Register

The Retail Shoppe purchases an item for $40. They sell it at a 25% markup. For how much money does the Retail Shoppe charge for the item?

The Retail Shoppe purchases an item for $40. They sell it at a 25% markup. For how much money does the Retail Shoppe charge for the item?
asked 195k views
11 votes
The Retail Shoppe purchases an item for $40. They sell it at a 25% markup. For how much money does the Retail Shoppe charge for the item?

asked
User Droid Teahouse
by
8.2k points

1 Answer

13 votes
25% of 40 is 10 so it would be $40+10 for the price so that should be 50. Markup=profit/cost*100
answered
User Kelsang
by
8.0k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!