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Homework Help Forum: math
Posted by unknown on Sunday, November 2, 2008 at 11:37pm.
a soft ware buyer looking for a product to retail for $230.00 he wants to apply a mark up of 38% based on selling price allowing for this what is the maximum amount the buyer can pay for the software
would it be $87.40
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- math - MattsRiceBowl, Monday, November 3, 2008 at 5:29am
$142.60. You didn't read the question carefully is all it looks like. You figured out how much the markup would be rather than the price he paid for it. Subtract 230-87.40 and you get $142.60
So he will buy it for $142.60, mark it up 87.40, and sell it for $230.
Matt
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