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4. A video game sells at Arnolds for $14.99. Arnold's marks the game up at 40% of the selling price. What is the cost of the game to Arnold? A. $6.00 B. $9.10 C. $6.50 D. $8.99
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I got A
= > 14.99(40%) = > 5.996
You calculated the markup correctly. Now, answer the question.
so it's rounded then?
thanks @tkhunny
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My hint has nothing to do with rounding. Cost + Markup = SellPrice
no I know
Thus, what was your correct answer? It is not "A: $6.00".
wouldn't it be, since he is buying?
You must read the question very carefully. Cost + Markup = SellPrice You are give SellPrice = $14.99 You Calculated: Markup = $14.99 * 0.40 = $6.00 The question asks: "What is the cost of the game to Arnold?" Do we have that, yet?
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