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A friend purchases items from a website and resells them on her own website. She typically marks up her merchandise 40%. If she purchased an item for 15$, what price should she set for the item?

1 Answer

4 votes

Answer:

$21

Explanation:

Step one:

given

she purchased an item for $15

marks up her merchandise 40%.

let us find 40% of $15

and add the answer to the initial price of the item

Step two:

40/100*15

=0.4*15

=$6

Hence the price should she set for the item is

=15+6

=$21

User Cyrene
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