Tucker Company charges cost plus 30%. What is the price of an item with cost equal to $65?
A) $12.50
B) $50.00
C) $60.00
D) $84.50

Question

Quizplus · Accepted Answer

To find the price with cost plus 30%, we need to add 30% of the cost to the original cost: 
Price = Cost + 30% of Cost 
Price = $65 + 0.3($65) 
Price = $84.50 
Therefore, the price of an item with a cost of $65 is $84.50. 
Option D is the correct answer.

Tucker Company Charges Cost Plus 30