A store pays $ 65 $65 for a wooden toy chest and marks the price up by 40 % 40%. ​ ​ What is the new price?

Respuesta :

Answer: $91

Step-by-step explanation:

he markup amount is 40%40%of the original cost ($65).

Markup Amount = 0.40×650.40×65

Markup Amount=0.40×65=26

Add the calculated markup amount to the original cost to find the new price.

New Price = Original Cost + Markup AmountNew Price=65+26=91

New Price=65+26=91

So, the new price after a 40%markup is $91.

Step-by-step explanation:

Start by finding 40% of $65,

40/100 × 65

Which is $26

New price = $26 + $65 = $91