Question

HELP ASAP!!!

The markup on candy at the discount store is 45%. A bag of candy has a wholesale cost of $1.15. What will be the retail price for the candy?

A. $1.45
B. $1.60
C. $1.67
D. $1.78

Answer 1

The answer is C.$1.67

Answer 2

Option C. $1.67

Explanation:

The price of a bag of candy at wholesale = $1.15

The markup on candy at the discount store = 45%

The retail price for the candy = 1.15 +(45% × 1.15)

= 1.15 + (
`(45)/(100)`×1.15)

= 1.15 + (0.45 × 1.15)

= 1.15 + 0.5175

= 1.6675 ≈ $1.67

The retail price for the candy would be $1.67.