SOLUTION: the local music store marks up all merchandise at 40%. how much will a saxophone sell for if the store purchased of for $600?

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Question 1004505: the local music store marks up all merchandise at 40%. how much will a saxophone sell for if the store purchased of for $600?
Answer by Rwilson55(9) About Me  (Show Source):
You can put this solution on YOUR website!
"Marks up all merchandise at 40%" indicates the store increases the original prices by 40% (140%).
So the store originally bought the saxophone for $600, but they're increasing the price by 140%.
Calculate: 1.4%2A600
Your answer would be 840. Thus, the store sold the saxophone for $840.