Joseph haydn pet store offers wide variety of leashes for dogs. the store purchases one popular type of leash from its manufacturer for $4.38 each. joseph haydn pets marks up leashes at a rate of 238% of cost. what is the retail price of the popular leash?

Retail price of the popular leash is $14.78.

Step-by-step explanation:

As given

Joseph Haydn Pet Store offers wide variety of leashes for dogs.

The store purchases one popular type of leash from its manufacturer for $4.38 each.

Joseph Haydn Pets marks up leashes at a rate of 238% of cost.

238% is written in the decimal form .

= 2.38

Markup price = 2.38 ×  Cost of one popular leash

Putting all the values in the abpove

                      = 2.38 × 4.38

                     = $ 10.4 (Approx)

Retail price of the popular leash =  Cost of one popular leash + Markup price

                                                      = $4.38 + $10.4

                                                      = $14.78

Therefore the retail price of the popular leash is $14.78.

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