SOLUTION: we are using this formula...S=C+rC and/or S=R-rR computer retailer uses a markup of 22%. Find the selling price of a computer game that costs the retailer $40.00

Question 167790: we are using this formula...S=C+rC and/or S=R-rR
computer retailer uses a markup of 22%. Find the selling price of a computer game that costs the retailer $40.00
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Note: 22% =

In this case, the cost to the retailer is and the percentage rate is .

Start with the markup cost formula. Note: the other formula is used for discounts

Plug in and .

Multiply

Add

So if the cost to the retailer is $40.00 and they use a markup of 22%, then the selling price is $48.80

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