BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A grocery store has 60% markup based on selling price. The can of soup costs the store $1.50. What is the selling price for the can of soup?
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$2.50
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$3.00
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$2.40
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$3.75
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Explanation:
Detailed explanation-1: -multiply $1.50 and 60%, which will give you 0.9. now multiply $1.50 and 0.9 and that’ll give you$1.35. lastly, add $1.50 and $1.35 and that’ll give you the answer which is $2.85.
There is 1 question to complete.