Question

A can of peas costing $0.37 is marked up 20% of cost. What is the selling price?

Answer 1

it's $0.44 cents my good friend......

Answer 2

Selling price of the can of peas is $0.444 .

Explanation:

As given

A can of peas costing $0.37 is marked up 20% of cost.

20% is written in the decimal form

`= (20)/(100)`

= 0.20

Marked up price = 0.20 × Cost of peas can

= 0.20 × 0.37

= $ 0.074

Thus

Selling price of the peas = Cost of peas can + Markup price

= $0.37 + $0.074

= $ 0.444

Therefore the selling price of the can of peas is $0.444 .