Find the selling price for a case of Newman's Own® special blend coffee that costs the retailer $35.87 if the markup is 22% of t

Question

3 years ago

15

he selling price.

1 answer:

mote1985 [20] · Answer 1 · 2022-02-04T09:33:19+03:00

4 0

Answer:

The selling price is $46 approx.

Step-by-step explanation:

The cost price is = $35.87

Markup is 22% of selling price.

Let the selling price be = 100%

So, 100%-22%=78% = 0.78

So, solution is = $35.87/0.78=45.98$ ≈ $46.

Hence, the selling price is $46 approx.