Homework Help Forum: math (percent)

Posted by Anonymous on Friday, May 15, 2009 at 11:32pm.

A software buyer is looking for a product to retail for $230. He wants to apply a markup of 38% (based on selling price) to the product. Allowing for this markup, what is the maximum amount the buyer can pay for the software? A. $38.00 C. $142.60 B. $87.40 D. $370.97 would you multiple? answer(B)

• math (percent) - drwls, Saturday, May 16, 2009 at 6:57am

  The markup would be 230x0.38 = 87.40, based upon the selling price. What the retailer paid would be $230 minus that, which is answer C.

  
  

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