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e-lub [12.9K]
3 years ago
14

You plan on using cost-based pricing. The cost of your product is $10, and you are planning a 30% mark-up. What should the price

of your product be?
Mathematics
1 answer:
Leto [7]3 years ago
5 0

Answer:

Selling price= $13

Step-by-step explanation:

Giving the following information:

The cost of your product is $10, and you are planning a 30% mark-up.

<u>The price of the product is calculated by adding to the manufacturing costs a predetermined percentage.</u>

Selling price= 10*1.3

Selling price= $13

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