Asked by jeff

what is a 40% mark up on an item that
costs-$38.00?

14 years ago

Answered by Ms. Sue

Is $38.00 the cost to the merchant or is it what she charges the customers?

14 years ago

Answered by jeff

it is the cost of the item.

14 years ago

Answered by Ms. Sue

Whose cost?

14 years ago

Answered by Ms. Sue

If the merchant paid $38.00, then with a 40% markup, she'd charge the customer $53.20

1.4 * 38 = 53.2

14 years ago

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