Help please, Q3, i don’t quite understand the meaning, thank you!

Question

asked Dec 22, 2022 163k views

1 Answer

MokiSRB · Answer 1 · 2022-12-28T15:20:34+0000

Answer:

$767.20

Explanation:

100% represents the cost price

Then a profit of 40% represents 100 + 40 = 140% = 1.4

selling price = 1.4 × $548 = $767.20