A department store uses a markup of 40%. Calculate the selling price of a shirt that cost the retailer $25.
$65
$10
$30
$35
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OpenStudy (anonymous):
$35
jabez177 (jabez177):
First we have to make 40% into a decimal.
OpenStudy (anonymous):
thats .4
rebeccaxhawaii (rebeccaxhawaii):
please lead the OS user to understand the material rather than giving direct answers and you must explain before giving out the answer so they are able to use this knowledge long-term
so please help lead them to the correct answer
OpenStudy (phagey):
.4
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jabez177 (jabez177):
To make 40 percent into a decimal we have to move the Point 2 spaces to the left.
Hint: There is always an invisible decimal point before the percent sign.
OpenStudy (anonymous):
then you multiply 25 by .4=10
then add 10 to 25
jabez177 (jabez177):
Good.
Now multiply .4 by 25
jabez177 (jabez177):
Where'd you get the 10 from, @studybuddy14?
OpenStudy (phagey):
10
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OpenStudy (anonymous):
.4*25=10
jabez177 (jabez177):
Ohhh yeah, I didn't fully Calculate.
Thank you @studybuddy14 for explaining your answer. :)