Question

A store is instructed by corporate headquarters to put a markup of 11% on all items. An item costing $18 is displayed by the store manager at a selling price of $2. As an employee, you notice that this selling price is incorrect. Find the correct selling price. What was the manager's likely error?

(Round to the nearest dollar as needed.)

Answer 1

The discount is 1.98 and the correct selling price is 16.02

Answer 2

Answer: The amount off is 1.98 which means the the correct price is $16.02

Step-by-step explanation: 18 x 11 = 198 divided by 100 = 1.98 subtract 1.98 from 18 and boom you have the correct discounted price