Question

A toy store purchases wagons from a wholesaler for $35.50. The store plans to mark up the wagons 40%. Find the selling price of the wagons.

Answer 1

Markup: 66.67%

Revenue/Price: $59.17

Gross Profit: $23.67

Explanation:

Answer 2

40% of 35.50 is 14.20
35.50+14.20=49.70$