Question

A hobby store pays $20 wholesale for drones and marks them up 40%. What is the retail price of each drone?

Answer 1

$28

Explanation:

To find the retail price you have to find 40% of 20 and then add that value to 20.

To find 40% of 20 let's convert 40% into decimal form: 0.4

Then you multiply: 20 * 0.4 = 8

Now you add 8 to the original 20: 20 + 8 = 28

The retail price of each drone is $28.

I hope this helps :)

Answer 2

$28.00

Explanation:

20 x 1.4