Question

a store marks up merchandise 40%for profit. If an item costs the store $12, what is the selling price?

Answer 1

40% of $12

= 40% * 12

= (40/100) * 12

= 0.4 * 12 = 4.8

Since it is a profit, selling price = 12 + 4.8 = 16.8

Selling price = $16.80

Hope this explains it.

Answer 2

Answer:

$16.80 is the answer

Step-by-step explanation: