math
posted by unknown on .
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

$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 23087.40 and you get $142.60
So he will buy it for $142.60, mark it up 87.40, and sell it for $230.
Matt 
This dose not look right....
The buyer is looking to purchase software for $166.66 to sale at a 38% markup price of $230. (or as close as you can get to it) This is a messed up question. 
38/1oo*230=87.40. 230.0087.40=142.60.the answer is 142.60