math

what is a 40% mark up on an item that
costs-$38.00?

  1. 👍 0
  2. 👎 0
  3. 👁 59
  1. Is $38.00 the cost to the merchant or is it what she charges the customers?

  2. it is the cost of the item.

    1. 👍 0
    2. 👎 0
  3. Whose cost?

  4. If the merchant paid $38.00, then with a 40% markup, she'd charge the customer $53.20

    1.4 * 38 = 53.2

Respond to this Question

First Name

Your Response

Similar Questions

  1. Pseudocode

    Write pseudocode for a program that calculates a customer’s total price after tax. The program will ask the user for the price of the item they are buying. Then the program will add a 5% tax to the item and output the final

    asked by Names on January 25, 2017
  2. Calculus I

    Marketing tells you that if you set the price of an item at $10 then you will be unable to sell it, but that you can sell 500 items for each dollar below $10 that you set the price. Suppose your fixed costs total $3000, and your

    asked by John on April 28, 2015
  3. Writing Skills

    The call number given in a catalog entry gives us what information? A. How recently the item was published B. The title and author of the item in question C. Where the item can be found within the library D. Whether or not the

    asked by TYondra on April 14, 2015
  4. statistics

    A production process produces an item, On average, 13% of all items produced are defective. Each item is inspected before being shipped, and the inspector misclassifies an item 12% of the time. What proportion of the items will be

    asked by elizabeth on February 17, 2020
  1. pre calculus

    A small fast food restaurant invests $4000 to produce a new food item that will sell for $3.50. Each item can be produced for $2.15. How many items must be sold in order to break even? Round to the nearest item.

    asked by Anonymous on November 28, 2016
  2. math

    The difference between Sally’s PE mark and science mark is 12, and the sum of the marks is 154. If the PE mark is the larger mark, what did Sally get for each subject?

    asked by Anonymous on July 22, 2013
  3. Math

    A manufacturing company finds that they can sell 300 items at $3.50 per item and 500 items at $ 1.50 $1.50 per item. If the relationship between the number of items sold x x and the price per item p p is a linear one: Find a

    asked by Keonn'a on October 16, 2018
  4. Accounting for Managers

    Question 1 of 20 5.0 Points Which of the following products probably would be manufactured using a job order costing system? A. Paper B. Baseball cards C. Computer monitors D. Company business cards Reset Selection Mark for Review

    asked by Blu on September 5, 2012
  1. Math

    An item costs $36. The price is increased by $15, then reduced by $15. Is the percent of increase equal to the percent of decrease? Explain your answer.

    asked by Nicolla on October 28, 2008
  2. math

    Determine the value of k in y=kx^2-5x+2 that will result in the intersection of the line y=-3x+4 with the quadratic at a) two points (1 mark) b) one points (1 mark) c) no point (1 mark) Here's my work on it: kx^2-5x+2=-3x+4

    asked by Alex on January 27, 2015
  3. CHECK! LAST TIME MATH!

    A store is having a 20%-off sale. It gives an additional 10% off if the item is still above $100 after the first discount. A jacket costs $149.99. Will you get the second discount and if so, how many dollars will you save in

    asked by Agala on November 29, 2016
  4. Accounting

    I am attempting to complete a budget matrix. Is a consultant listed as a functional budget item or a line-item budget? Are indirect costs listed as a functional budget item or a line-item budget? My understanding from the reading

    asked by Sarah on September 15, 2010

You can view more similar questions or ask a new question.