Question

A jewelry supply shop buys silver chains from a manufacturer for c dollars each, and then sells the chains at a 40% markup. Write an expression for the retail price of a silver chain.

Answer 1

40%c+c
that would be your expression

Answer 2

Answer: The expression for the retail price of a silver chain is 1.4c.

Explanation:

Let the amount of jewellery be c dollars.

Rate of mark up = 40%

So, Amount of mark up would be

`(40)/(100)* c\\\\=0.4c`

So, Amount after mark up would be

`c+0.4c\\\\=1.4c`

Hence, the expression for the retail price of a silver chain is 1.4c.