Answer to Question #296445 in Financial Math for shawn

Question #296445

A computer software retailer used a markup rate of 30%. Find the selling price of a computer game that cost the retailer $35.

Expert's answer

Markup = % of cost price $\times100$ = $\frac{30}{100}\times 35=10.5$

Selling price = Cost price + Markup = 35 + 10.5 = $45.5

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