find the retail price of a backpack that has a wholesale price of $25 and is marked up 40%. multiply $25 and…

find the retail price of a backpack that has a wholesale price of $25 and is marked up 40%. multiply $25 and 40% in decimal form to find the markup amount. 25(0.40) = $10 add the wholesale price to the markup amount. what is the selling price? $10 $15 $35 $65

find the retail price of a backpack that has a wholesale price of $25 and is marked up 40%. multiply $25 and 40% in decimal form to find the markup amount. 25(0.40) = $10 add the wholesale price to the markup amount. what is the selling price? $10 $15 $35 $65

Answer

Explanation:

Step1: Calculate markup amount

$25\times0.40 = 10$

Step2: Calculate retail price

$25 + 10=35$

Answer:

C. $35