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Fred buys flags from a manufacturer for f dollars each and then sells the flags in his store for 26% markup. Write the markup as a decimal.

Sagot :

ANSWER

0.26

EXPLANATION

Fred buys each flag for f dollars.

Then, he sells them for a markup of 26%.

This means that each flag was sold for an additional 26% of their original prices.

Since the mark up is 26%, it is the same as writing:

[tex]\frac{26}{100}[/tex]

Since percent means per 100.

Therefore, writing that as a decimal, we have:

[tex]26\text{ \% = }\frac{26}{100}\text{ = 0.26}[/tex]

That is the answer.