Posted by
jeff on
.
what is a 40% mark up on an item that
costs$38.00?

math 
Ms. Sue,
Is $38.00 the cost to the merchant or is it what she charges the customers?

math 
jeff,
it is the cost of the item.

math 
Ms. Sue,
Whose cost?

math 
Ms. Sue,
If the merchant paid $38.00, then with a 40% markup, she'd charge the customer $53.20
1.4 * 38 = 53.2