Question

EX 1) Games Galore Super Store buys the latest video game at a wholesale price of $30.00. The markup rate at Game's Galore Super Store is 40%. You use your allowance to purchase the game at the store. How much will you pay, not including tax?​

Answer 1

$42

Explanation:

Given that,

Galore Super Store buys the latest video game at a wholesale price of $30.00.

The markup rate at Game's Galore Super Store is 40%.

We need to find the price from the store. It can be calculated as follows :

`C=30+(40)/(100)* 30\\\\=30+12\\\\=\$42`

Hence, we will pay $42.