Home Hardware sets prices at cost plus 90% of cost.The cost of a cordless drill kit is $45.What price is charged by Home Hardware 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 price is charged by Home Hardware for the cordless drill kit? A)$27.50 B)$34.00 C)$42.00 D)$85.50
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

The price is calculated as cost plus 90% of cost, which is $45 + ($45 * 0.9) = $45 + $40.50 = $85.50.

Home Hardware Sets Prices at Cost Plus 90% of Cost