math
posted by
jeff
.
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