A few days ago
Can some one tell me if this math problem is correct?
Can some one please tell me if this is correct? $18.40
A pitcher sells for $46.00 which is marked up 40% based on cost. What is the cost of the pitcher? Round to the nearest cent.
$46×40%=$18.40
Thanks
Top 3 Answers
A few days ago
Favorite Answer
No, that’s not correct. The price ($46.00) is 140% of the orginal cost, so the best way to do this is to create an equation:
46/x=140/100
Cross multiply the terms, so that:
140x=4600
then divide by 140:
x=4600/140.
The cost is $32.86
0
A few days ago
I think you are part right…the 18.40 is 40% but the cost of the picture should be 46.00 – 18.40= $27.60
I think….good luck
0
A few days ago
If it is being marked up than you should do $46+($46×40%)
If it is being marked down than you should do $46-($46×40%)
0
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