Enter 2 out of 3 below:

<-- Initial Price
<-- Markup %
<-- Final Price
  

Answer
Success!
Selling Price = $280.00

↓Steps Explained:↓

A good was sold using a markup rate of 40%.

Find the selling price of the good that cost the retailer $200.00?

Calculate markup amount:

Markup amount = Original Price x Markup %

Markup amount = $200.00 x 40%

Markup amount = $80.00

Calculate selling price:

Selling Price = Original Price + Markup Amount

Selling Price = $200.00 + $80.00

Selling Price = $280.00

Final Answer

Selling Price = $280.00
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