Asked by jeff

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

Answers

Answered by Ms. Sue
Is $38.00 the cost to the merchant or is it what she charges the customers?

Answered by jeff
it is the cost of the item.
Answered by Ms. Sue
Whose cost?

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

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