Question

A store is instructed by corporate headquarters to put a markup of ​67% on all items. An item costing ​12$ is displayed by the store manager at a selling price of ​8$. As an​ employee, you notice that this selling price is incorrect. Find the correct selling price. What was the​ manager's likely​ error?

please help me in really stuck you would be a huge help

Answer 1

Explanation:

12$ = original price (need to add 67% mark up)

12/100 = 0.12 = 1%

0.12 x 67 = $8.04 markup

12 + 8.04 = $20.04 is the correct selling price

the error was accidently not adding the markup ($8.04) to the original price