Question

A store charges a restocking fee for any returned goods. An item priced $130 has a restocking fee of $7.80 and an item priced $250 has a restocking fee of $15. What percentage of the item is the restocking fee?

Question 4 options:

Answer 1

9514 1404 393

Answer:

6%

Explanation:

The fee can be found from the ratio of fee to price:

$7.80/$130 = 0.06 = 6%

The restocking fee is 6% of the price of the item.