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The cost for 100 capsules of Fluoxetine is $220.00 The percentage mark up is 15 . What will be the retail cost for 30 capsules? A $80.00 B. $75.90 C. $70.50 D. None of the above A $80.00 B. $75.90 C. $70.50 D. None of the above

User Yesraaj
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1 Answer

6 votes

Answer:

B. $75.90

Explanation:

Step 1: Calculate the cost per capsule:

  • Since the cost for 100 capsules is $220.00, the cost per capsule can be found by dividing the total cost by the number of capsules:

Cost per capsule = $220.00 / 100 = $2.20

Thus, it costs $2.20 per capsule.

Step 2: Calculate the markup amount:

  • The markup percentage is 15%.
  • Thus, we can find the markup amount by multiplying the cost per capsule by the markup percentage (note that we convert the percentage to a decimal when multiplying, so 15% becomes 0.15):

Markup amount = $2.20 * 0.15 = $0.33

Step 3: Calculate the retail cost per capsule:

  • The retail cost per capsule can be found by adding the markup amount to the cost per capsule:

Retail cost per capsule = Cost per capsule + Markup amount = $2.20 + $0.33 = $2.53

Step 4: Calculate the retail cost for 30 capsules:

  • To find the retail cost for 30 capsules, we multiply the retail cost per capsule by the number of capsules:

Retail cost for 30 capsules = Retail cost per capsule * 30 = $2.53 * 30 = $75.90

Therefore, the retail cost for 30 capsules would be $75.90, so the correct answer is B. $75.90.

User Mithil Bhoras
by
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