Question

an item costs a store $40 from the manufacturer. the store plans to mark up the item at 90% of the cost. use this information to calculate the sticker price the store should sell the item for.
$?
round to the nearest cent.

Explanation:

Step1: Calculate the markup amount

The markup is 90% of the cost. The cost is $40, so the markup amount is $40 * 90% = $40 * 0.9 = $36.

Step2: Calculate the sticker price

The sticker price is the cost plus the markup. So it's $40 + $36 = $76.

Answer:

$76.00