lovingmyliferh
lovingmyliferh lovingmyliferh
  • 02-04-2018
  • Mathematics
contestada

A store pays $35 for a fish tank. The markup is 20%. What is the selling price

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Baug
Baug Baug
  • 02-04-2018
The selling price is $42
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budapest budapest
  • 09-09-2018

[tex]\\ \text{The store pays }\$35 \text{ for a fish tank.}\\ \text{and the markup is }20\% \text{ of  }\$35\\ \\ \text{so first we find the markup as}\\ \\ =20\% \text{ of  }\$35\\ \\ =0.20\times 35\\ \\ =7\\ \\ \text{hence the selling price of fish tank}=\text{Cost of store + Markup}\\ \\ \Rightarrow \text{selling price}=35+7\\ \\ \Rightarrow \text{selling price}=42[/tex]

Hence the selling price of the fish tank is $42

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