Question

A three pack of bar soap has a wholesale cost of $1.15. A pharmacy wants to sell this product with a markup of 60%. What are the amounts of the markup and the retail price of a pack of soap?

Answer 1

The mark up is .69 and the retail would be $1.84

Answer 2

1.15*1.6=1.84

1.84-1.15=0.69

$0.69 mark up

$1.84 retail price