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Super store buys a basketball for $8.00 and marks it up by 40% . Find the markup amount and the selling price .


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Respuesta :

Gillruss

If your cost is $8.00 and you wish to markup that price by 40%, 80% + 40% = 120%. Divide the $8.00 cost by 120% and get the retail price of $15.00. Therefore, the markup amount is $7.00 ($15.00 - $8.00 = $7.00) and the selling price is $15.

anonymousagain

Answer:

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