Ineed asap i dont understand

a hairdryer is sold for £42 and makes a profit of 40%. what is the hairdryers net cost.

Let the cost of the hair dryer equal x.

The net cost plus a 40% markup equals 42, set up an equation and solve forex.

1.4x = 42

Divide both sides by 1.4

X = 42 / 1.4

X = 30

The net cost was £30

10% of increase is the final answer! : )

wholesale price is the initial price before markup. retail price comes after the markup.

a price of 8 bucks that's marked up by 100%   is

formula: initial price + (percent markup in fraction/decimal)(initial price)

8+(1)(8)

8+8

16

retail price is $16.