The Sound Shop buys a popular programmable telephone from a supplier for $12.19. If the desired markup of retail price on the telephone is 35 percent, the retail price should be ________.
A)$34.83
B)$18.75
C)$16.46
D)$20.11

Question

Quizplus · Accepted Answer

To find the retail price with a 35% markup, calculate 35% of $12.19, which is $4.27. Add this to the cost price: $12.19 + $4.27 = $16.46.

The Sound Shop Buys a Popular Programmable Telephone from a Supplier