A retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. The retailer's selling price is:
A) $32.00.
B) $56.00.
C) $48.00.
D) $30.00.
E) None of the above.
Answer: A
Marketing MCQ
Marketing
A retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. The retailer's selling price is: