SOLUTION: jacob is starting a new business product a cost him 26.50 he decides to mark up the product 30% how much will jacob charge for product a

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Question 1203760: jacob is starting a new business product a cost him 26.50 he decides to mark up the product 30% how much will jacob charge for product a
Answer by mananth(16946) About Me  (Show Source):
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jacob is starting a new business product a cost him 26.50 he decides to mark up the product 30% how much will jacob charge for product at?

Cost of product = 26.50
Markup = 30 % = 0.3
Mrakup value = (1+0.3)*26.5
= 1.3*26.5= 34.45
Jacob will charge 34.45 for product after marking it up by 30%.