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A supply company marks up their doctor scrubs by 40%. Find the doctor’s cost for a set of scrubs that the supply company buys for $34.
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A supply company marks up their doctor scrubs by 40%. Find the doctor’s cost for a set of scrubs that the supply company buys for $34.

User Fneron
by
8.7k points

1 Answer

1 vote
The doctor's cost for a set of scrubs is $47.60

Given:
cost = $34
mark-up = 40%

Mark up based on cost:

$34 * 40%/100% = $13.60 mark up

New price or doctor's cost:
$34 + 13.60 = $47.60

It can also be computed this way.

$34 * 140%/100% = $47.60
User Jave
by
8.0k points
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