what is a 40% mark up on an item that

costs-$38.00?

4 answers

Is $38.00 the cost to the merchant or is it what she charges the customers?
it is the cost of the item.
Whose cost?
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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