Answer:
$420
Step-by-step explanation:
The wholesale price is $300 and the markup is 40% of that, or
0.40($300) = $120
and so the selling price is $300 + $120 = $420
An easier way to calculate this is to multiply $300 by (1.00 + 0.40), or (1.40), which again comes out to $420.
