Posted by **jeff** on Tuesday, June 7, 2011 at 10:05pm.

what is a 40% mark up on an item that

costs-$38.00?

- math -
**Ms. Sue**, Tuesday, June 7, 2011 at 10:20pm
Is $38.00 the cost to the merchant or is it what she charges the customers?

- math -
**jeff**, Tuesday, June 7, 2011 at 10:26pm
it is the cost of the item.

- math -
**Ms. Sue**, Tuesday, June 7, 2011 at 10:33pm
Whose cost?

- math -
**Ms. Sue**, Tuesday, June 7, 2011 at 10:50pm
If the merchant paid $38.00, then with a 40% markup, she'd charge the customer $53.20

1.4 * 38 = 53.2

## Answer this Question

## Related Questions

- math - lonny has 15$ to buy some groceroies for his mom.milk costs $2.39,bread ...
- Hsm/220 - You are the executive director of a local government workforce agency ...
- Accounting - I am attempting to complete a budget matrix. Is a consultant listed...
- Programming - I’m using VB 2008. I need to write a simple program that ...
- Accounting - Costs can be classified into two categories, fixed and variable ...
- 5th grade - lonny has $15 to buysome groceries for his mom .milkcosts $2.39,...
- Algebra 1 - Eric and Mark were at a ball game and visited the concession stand. ...
- FINANCIAL MATHEMATICS - The variable costs associated with a certain process ...
- accounting - Incremental Analysis question: I know the answer is $4.20, but I ...
- Managerial Accounting - Sandusky Inc. has the following costs when producing 100...