Question

8) Mercy marks up all goods she sells by 30%. What is the marked up price that she will sell a

hat in her store, that cost her $42?
A. $12.60
B. $45.60
C. $54.60
D. $62.40

Answer 1

It would be 12.60 as the profit, while the revenue is 54.60

Therefore, the answer would be

42*.3=

12.6

12.6+42=

54.60

Answer 2

Since it is asking for what the price will be after it is marked up you have to find the marked up price so you take $42 x 0.3 which is $12.60 then you add that to the $42 which is $54.60 which is C