Question

A computer store bought a program at a cost of $20. When the store sold the computer program, the percent markup was 40%. Find the selling price.

Answer 1

40% markup means the sale price is 1.40 times the cost. 1.40($20) = $28

Answer 2

$28

Explanation:

Selling price

= $20(1+40%)

= $20(1.4)

= $28