Fred buys flags from a manufacturer for (unknown) dollars each then sells the flags in his store for a 26% markup.Write the markup as a decimal Write the expression for the retail price of the flagWhat is the retail price of a flag for which fred paid $40How much was added to the cost of the flag (what was the markup)
Accepted Solution
A:
the markup is 1.26 (the amount added is .26)
1.26x (when x is the price Fred buys them for from the manufacturer)