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Fred buys flags from a manufacturer for f dollars each and then sells the flags in his store for 26% markup. Write the markup as a decimal.

User Chibuike
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1 Answer

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ANSWER

0.26

Step-by-step explanation

Fred buys each flag for f dollars.

Then, he sells them for a markup of 26%.

This means that each flag was sold for an additional 26% of their original prices.

Since the mark up is 26%, it is the same as writing:


(26)/(100)

Since percent means per 100.

Therefore, writing that as a decimal, we have:


26\text{ \% = }(26)/(100)\text{ = 0.26}

That is the answer.

User Yellowsir
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