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March 26, 2017

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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) - ,

    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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