Question

Emerson is starting a new business product a cause or $26.50 she decides to mark the product up 30% how Emerson charge her product a

Answer 1

$34.45

Explanation:

According to the scenario, calculation of the given data are as follows,

Product price = $26.50

Margin = 30% of product price

or 30% × $26.50 = $7.95

So, Total cost of product Emerson will charge can be calculate by using following formula,

Emerson charge her product = Product price + Margin on product

By putting the value, we get

= $26.50 + $7.95

= $34.45