Question

A store wants to mark up

their prices by 12%.
What would the markup
be on a $40 lamp?
What is the final price?
And how did you solve it

Answer 1

Answer:Plus, calculate your profit margins, total revenue and more with FreshBooks ... Whether you sell online or in a retail store, you can set the perfect price for each ... service sold, you want to charge a price that's a percentage above how much it costs ... If Product A costs $10, the marked-up selling price would be $15 ( $10 x .50 ...

Explanation:

Plus, calculate your profit margins, total revenue and more with FreshBooks ... Whether you sell online or in a retail store, you can set the perfect price for each ... service sold, you want to charge a price that's a percentage above how much it costs ... If Product A costs $10, the marked-up selling price would be $15 ( $10 x .50 ...

Answer 2

$44.80

Explanation:

Here' s an equation to help you with percent problems: part %

------- = -----

whole 100

Because you want to find 12%, the % in the equation would be replaced with 12. The part would be x because that's what u need to find. The whole would be 40. Cross multiply to get 100x = 480. Divide 480 by 100 to get x = 4.80. Add 4.80 to 40.00 to get the final price. The final price is $44.80.