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Popular Word Problems >

a store pays 2.50 for an item. your friend finds the selling price when the markup is 40%. is your friend correct?

Solution

a s t ore p a ys 2.50 f or an i t e m . yo u r f r i e n d f in d s t h e se ll in g p r i ce w h e n t h e ma r k u p i s 40%. i s yo u r f r i e n d correc t ?

Solution

Amount after addition : 3.5

Solution steps

Translate the problem into an equation:

x = 2.5 + 0.4 \cdot 2.5

x = 2.5 + 0.4 \cdot 2.5 : x = 3.5

Amount after addition : 3.5

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