Question

A store buys a computer for
$200. They mark it up by 40%.
What will the selling price be?

Answer 1

$200 times .40 = 80 so you must add the 80 to your starting price of $200 so your final price will be $280

Answer 2

Selling price of computer will be $280.

What is Selling price?

Selling price is defined as the price that a customer pays to purchase a product.

Starting price of computer is $200

Mark it up by 40%.

So, 200×(1+40%)

⇒200+40% of 200

⇒200+0.4×200

⇒200+80

280

Since add the 80 to starting price of $200

Hence selling price will be $280.

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