A computer software retailer used a markup rate of 40%. Find the selling price of a computerr game that cost the retailer $25. Help!!!!!!
The selling price of the computer is $35.
Given:
Cost price (C.P.) = $25
Markup = 40%
To find:
The selling price of the computer.
Explanation:
Markup value is:
\(40\%\text{ of }25=25\times \dfrac{40}{100}\)
\(40\%\text{ of }25=10\)
Now, the selling price (S.P.) of the computer is:
\(S.P.=C.P.+\text{Markup}\)
\(S.P.=\$25+\$10\)
\(S.P.=\$35\)
Therefore, the selling price of the computer is $35.
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