Subject:EconomicsPrice: Bought3
Mr. Small, the store manager for Jay's Appliance, is having a difficult time placing a selling price on a refrigerator that cost $410. Mr. Small knows his boss would like to have a 45% markup based on cost. The selling price should be:
A). $745.45
B). $754.54
C). $594.50
D). $549.50
E). None of these