Web Analytics
vroberson1210
Answered

HELP ASAP!!!


The markup on candy at the discount store is 45%. A bag of candy has a wholesale cost of $1.15. What will be the retail price for the candy?

A$1.45
B$1.60
C$1.67
D$1.78

Verified Answer :

ShaveTheWhales

The answer is C.$1.67

Answer:

Option C. $1.67

Step-by-step explanation:

The price of a bag of candy at wholesale = $1.15

The markup on candy at the discount store = 45%

The retail price for the candy = 1.15 +(45% × 1.15)

                                                = 1.15 + (\(\frac{45}{100}\)×1.15)

                                               = 1.15 + (0.45 × 1.15)

                                               = 1.15 + 0.5175

                                               = 1.6675 ≈ $1.67

The retail price for the candy would be $1.67.

Related Questions