A store is instructed by corporate headquarters to put a markup of 67% on all items. An item costing 12$ is displayed by the s

Question

3 years ago

5

A store is instructed by corporate headquarters to put a markup of 67% on all items. An item costing 12$ is displayed by the s

tore manager at a selling price of 8$. As an employee, you notice that this selling price is incorrect. Find the correct selling price. What was the manager's likely error?
please help me in really stuck you would be a huge help

Mathematics

1 answer:

Arisa [49] · Answer 1 · 2022-08-15T20:18:37+03:00

Arisa [49]3 years ago

4 0

Answer:

Step-by-step explanation:

12$ = original price (need to add 67% mark up)

12/100 = 0.12 = 1%

0.12 x 67 = $8.04 markup

12 + 8.04 = $20.04 is the correct selling price

the error was accidently not adding the markup ($8.04) to the original price

A store is instructed by corporate headquarters to put a markup of ​67% on all items. An item costing ​12$ is displayed by the s

A store is instructed by corporate headquarters to put a markup of 67% on all items. An item costing 12$ is displayed by the s