Question

A store pays $62 for leaf blower. The store marks up the price by 40%. what is the new pricem

Answer 1

A store pays $62 and they mark up the price by 0.4 of the price:

$\begin{gathered} \text{New price= 62+(62}\cdot0.4) \\ \text{New price=86.8 usd} \end{gathered}$