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Solve the Problem. -A Retail Store Buys 35 VCRs from a Distributor at a Distributor

Question 14

Multiple Choice

Solve the problem.
-A retail store buys 35 VCRs from a distributor at a cost of $150 each plus an overhead charge of $30 perorder. The retail markup is 30% on the total price paid. Find the profit on the sale of one VCR.


A) $45.26
B) $4,526.00
C) $45.00
D) $44.74

Correct Answer:

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