Question & Answer: Hello, The problem below is an exercise. I like to know if i solved it right. Here is my work: $140 x .30 = &182 $182 x…

Hello, The problem below is an exercise. I like to know if i solved it right. Here is my work: $140 x .30 = &182 $182 x .40 = $72.80 The sum = $254.80 is the retail price charged to consumers? The exercise: A lawn mover manufacturer has a unit cost of $140 and wishes to achieve a margin of 30% based on selling price. If the manufacturer sells directly to a retailer who then adds a set margin of 40% based on selling price, determine the retail price charged to consumers.