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32 votes
32 votes
Help please, Q3, i don’t quite understand the meaning, thank you!

Help please, Q3, i don’t quite understand the meaning, thank you!-example-1
User Omni
by
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1 Answer

18 votes
18 votes

Answer:

$767.20

Explanation:

100% represents the cost price

Then a profit of 40% represents 100 + 40 = 140% = 1.4

selling price = 1.4 × $548 = $767.20

User Ben Gubler
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3.0k points