Comforter Cost: Misu knows his customers wont pay more than $120...

lance7tour

New member
Joined
Aug 20, 2011
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Misu knows his customers wont pay more than $120 for a comforter. Misu wants a 30% markup on selling price. what is the most that Misu can pay for a comforter:

Answer: $84

but

Misu wants a 30% markup on cost not selling price. what is Misu's cost? round to nearest cent.

I get:

84 + .30(84)
84 + 25.20
109.20

My answer says incorrect . what did i do wrong?
 
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