determine sticker price - markup percentage\nan item costs a store $40 from the manufacturer. the store…

determine sticker price - markup percentage\nan item costs a store $40 from the manufacturer. the store plans to mark up the item at 90% of the cost. use this information to calculate the sticker price the store should sell the item for.\n$?

determine sticker price - markup percentage\nan item costs a store $40 from the manufacturer. the store plans to mark up the item at 90% of the cost. use this information to calculate the sticker price the store should sell the item for.\n$?

Answer

Explanation:

Step1: Calculate markup amount

Markup = $40 \times 90% = 40 \times 0.9 = 36$

Step2: Calculate sticker price

Sticker price = Cost + Markup = $40 + 36 = 76$

Answer:

76