Answer:
The 40% marked up price of refrigerator is $1260.
Step-by-step explanation:
The cost price of the refrigerator = $900
Now, the mark up should be 40%
Calculating the markup on the cost price , we get
40 % of $900 = [tex]\frac{40}{100} \times 900 = 360[/tex]
or, 40 % mark up = $360
Now, the Marked up cost = Cost Price + Marked up Price
= $900 + $360 = $1260
Hence, the 40% marked up price of refrigerator is $1260.
