An item costs a store $25 from the manufacturer. The store plans to mark up the item at 80% of the cost. Use this information to calculate the sticker price the store should sell the item for. A. $45.00 B. $25.00 C. $56.25 D. $33.00

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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An item costs a store $25 from the
manufacturer. The store plans to mark
up the item at 80% of the cost. Use this
information to calculate the sticker price
the store should sell the item for.
A. $45.00
B. $25.00
C. $56.25
D. $33.00
2022 International Academy of Science. All Rights Reserved.
N.
Transcribed Image Text:An item costs a store $25 from the manufacturer. The store plans to mark up the item at 80% of the cost. Use this information to calculate the sticker price the store should sell the item for. A. $45.00 B. $25.00 C. $56.25 D. $33.00 2022 International Academy of Science. All Rights Reserved. N.
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