Question

A CD storage rack it's sold to stores at a wholesale price of $18 if the store has a 150% markup what is the retail price of the CD rack?

Answer 1

The retail price of the CD rack is $45.

How to calculate the value?

From the information, the storage rack it's sold to stores at a wholesale price of $18 and the store has a 150% markup.

The retail price will be:

= $18 + (150% ×$18)

= $18 + $27

= $45

Therefore, the retail price of the CD rack is $45.

Learn more about percentages on:

brainly.com/question/24877689

#SPJ1