Question

If the wholesale price of an item is $64 in the percent markup of the store was 85% find the retail price.

A. 54.00
B. 118.40
C. 34.59
D 75.29.
Also I would like to have a explanation why it would be the answer please!​

Answer 1

B - $118.40

Explanation

64.00 X 85% = $54.40

54.40 + 64.00 = 118.40