A Hardware Retailer Who Seeks a Markup of 50 Percent

question 38

Multiple Choice

A hardware retailer who seeks a markup of 50 percent recently bought a new item for $15.00. To determine its selling price, he/she should add ______________ to this cost.

• A) $40.00
• B) $80.00
• C) $10.00
• D) $20.00
• E) $15.00