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Question for Graded Discussion Board

A t-shirt business retailer fixed a markup rate of 35.5% on cost. Find the selling price of a t-shirt that costs the retailer $40. 

Opening Date of Graded Discussion Board:         Wednesday, December 9, 2015

Closing Date of Graded Discussion Board:          Monday, December 14, 2015


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Replies to This Discussion

bus itna answer hai gdb ka ..

Cost of Tshir = $40

markup rate 35.5%



Answer is $54.2

plz help me ..

s= c+(c*muc)

s= 40+(40*35.5/100)



Here is the formula guys:

Selling Price = Cost + (Markup% x Cost) / 100


Cost of t shirt=40$


Makup value =markup % * cost of t shirt

Markup value =35.5*40

Markup value =14.2

Selling price = Cost of t shirt+Markup value

Selling price = 40+14.2

Selling price =54.2

So Selling price of t shirt is 54.2


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