Sagot :
Answer:
$28.00
Step-by-step explanation:
1. The markup is 40% of the $20 cost, so the markup is:
(0.40)(20) = 8
2. Then the selling price, being the cost plus markup, is:
20 + 8 = 28
3. The CD set sold for $28.00
Step-by-step explanation:
sp=(100+p)% of cp
=100+40/100*20
=140/100*20
=28