Home Hardware sets prices at cost plus 90% of cost. The cost of a cordless drill kit is $45. What is the selling price for the cordless drill kit?
A) $27.50
B) $34.00
C) $42.00
D) $85.50

Name: Home Hardware sets prices at cost plus 90% of cost. The cost of a cordless drill kit is $45. What is the selling price for the cordless drill kit? A) $27.50 B) $34.00 C) $42.00 D) $85.50
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

The selling price is calculated by adding 90% of the cost to the original cost: $45 + (0.90 * $45) = $85.50.

Home Hardware Sets Prices at Cost Plus 90% of Cost