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A grocery store has a 20% markup on bottle of soda. The bottle of soda costs the store $1.25. Find the selling price . Round to nearest cent if necessary .

Respuesta :

martinawillhite

Answer:

$1.50

Step-by-step explanation:

1.25*1.2

So, the required selling price is $1.5.

Selling Price:

The amount that a customer pays to buy a product is called a selling Price.

Given the percentage of markup is 20%

Cost price=$1.25

So, the markup price is,

[tex]\frac{20}{100}\times 1.25=0.25[/tex]

So, the selling price is,

[tex]1.25+0.25=1.5[/tex]

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