The retail price of a packaged CD is $60.00, which includes a markup of 150% of cost. What is the cost price of the CD?
A) $40
B) $24
C) $36
D) $20
E) $32

Name: The retail price of a packaged CD is $60.00, which includes a markup of 150% of cost. What is the cost price of the CD? A) $40 B) $24 C) $36 D) $20 E) $32
Brand: Quizplus
Rating: 4.7 (30 reviews)

Question

Quizplus · Accepted Answer

The Answer of The retail price of a packaged CD is $60.00, which includes a markup of 150% of cost. What is the cost price of the CD?
A) $40
B) $24
C) $36
D) $20
E) $32

The Retail Price of a Packaged CD Is $60