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Which expression can be used to find the retail price of an item that was bought at wholesale for $112 and sold at a 40% markup?

A: $112 + 4($112)
B: $112 – 4($112)
C: $112 – 0.40($112)
D: $112 + 0.40($112)

User Romanski
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2 Answers

4 votes
the correct answer is D
User Chrystie
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12 votes
D. $112 + 0.40($112) is the answer

The wholesale price = $112
Markup percentage = 40% or 0.40
So, the expression that will give the retail price of the item = 112 + 0.40 (112)
Retail price = purchase/wholesale price plus markup
User Mwrf
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