Question

PLEASE HELP!

If a store uses a selling price-based markup of 40%, and an item costs the store $300, what selling price would the store set for the item?
A) $335 B) $400 C) $435 D) $500

I did the calculation many times and my answer does not agree with any of the choices.

Answer 1

i think D

Answer 2

yeah its d

Answer 3

how did you get D?

Answer 4

Cost/(1 - Markup)

Answer 5

cost=300
and markup=0.4

Answer 6

markup is 1 for 100%

Answer 7

yes, but what is the actual mark up price. i did this one so many times and cannot get it

Answer 8

as he asked the selling price 300/(1-0.4)
300/0.6
you get $500

Answer 9

\[300\div.6\]

Answer 10

oh! i guess i was doing it wrong. thank u both so much

Answer 11

no problem if you have any more im here to help!

Answer 12

thanks so much. u get a medal

Answer 13

why thank you :)

Answer 14

:)