Question

If the ratio for unit cost to sales price for a product is 1:4, how much would the selling price be for a product if it has a unit cost of 33.85

Answer 1

unit cost to sales price is 1:4.....or 1/4

1 / 4 = 33.85 / s.....1 unit cost to 4 sales price = 33.85 unit cost = s sales price
cross multiply
(1)(s) = (4)(33.85)
s = 135.40 <=== selling price

Answer 2

Answer: The sales price for a product is $135.40.

Explanation:

Since we have given that

Ratio of unit cost to sales price for a product is given by

1:4

So, let the unit price be x

Let the sales price be 4x.

Since unit cost = $33.85

So, it means x = 33.85

so, Sales price for a product would be

`4x=4* 33.85=\$135.40`

Hence, the sales price for a product is $135.40.