Mathematics, 10.03.2020 20:25 martl4175
Error Analysis A store is instructed by corporate headquarters to put a markup of 11% on all items. An item costing $27 is displayed by the store manager at a selling price of $3. As an employee, you notice that this selling price is incorrect. Find the correct selling price. What was the manager's likely error?
The correct selling price is $
nothing. (Round to the nearest dollar as needed.)
What was the manager's likely error?
A.
The manager set the selling price at the markup.
B.
The manager subtracted the markup from the cost instead of adding it.
C.
The manager added the markup to the cost instead of subtracting it.
D.
The manager sets the selling price at the cost.
Click to select your answer(s).
Answers: 2
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Error Analysis A store is instructed by corporate headquarters to put a markup of 11% on all items....
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