Answer:
$42
Step-by-step explanation:
By definition, Markup is the difference between a product's selling price and cost as a percentage of the cost.
For example, if a product sells for $125 and costs $100, the additional price increase is ($125 – $100) / $100) x 100 = 25%.
Given data
firstly let us solve for 40% of $30
=40/100*30
=0.4*30
=$12
therefore the sale price will be the markup rate plus the initial price
Hence the you will have to pay 12+30=$42
