A bicycle store desires a minimum 20 percent markup for all popular bicycle models.If a retailer feels that a popular bicycle model should retail at $200,what is the maximum price the retailer can pay for the bicycle model?
A)$60
B)$160
C)$167
D)$180

Question

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The Answer of A bicycle store desires a minimum 20 percent markup for all popular bicycle models.If a retailer feels that a popular bicycle model should retail at $200,what is the maximum price the retailer can pay for the bicycle model?
A)$60
B)$160
C)$167
D)$180

A Bicycle Store Desires a Minimum 20 Percent Markup for All