Question

Cost: 10.00
Markup Rate 60%
What is the selling price and why?


(Help I don’t understand)

Answer 1

Answer:

$16

Step-by-step explanation:

$10 is the original price when it is out of the factory. If they are marking it up, they are raising the price by 60%. 160% of 10 is 16, so your answer is $16. Please mark my answer as brainliest