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Help please, Q3, i don’t quite understand the meaning, thank you!

Help Please Q3 I Dont Quite Understand The Meaning Thank You class=

Answer :

Answer:

$767.20

Step-by-step explanation:

100% represents the cost price

Then a profit of 40% represents 100 + 40 = 140% = 1.4

selling price = 1.4 × $548 = $767.20