Question

Cost to store is $1600, the markup is 33%, what is the selling price?

Answer 1

To find the selling price, calculate the markup amount (33% of the cost to store) and add it to the cost to store.

Step-by-step explanation:

To find the selling price, we need to calculate the markup amount and add it to the cost to store. The markup is 33% of the cost to store, which is $1600. To calculate the markup amount, we multiply 33% by $1600: $1600 * 0.33 = $528.

Next, we add the markup amount to the cost to store: $1600 + $528 = $2128.

Therefore, the selling price is $2128.

Answer 2

1600(1.33)= 2128

The selling price is $2,128.

Hope this helps!