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    Basic Marketing Study Set 1
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    Exam 17: Price Setting in the Business World
  5. Question
    A Retailer Pays a Wholesaler $24
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A Retailer Pays a Wholesaler $24

Question 10

Question 10

Multiple Choice

A retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. The retailer's selling price is:


A) $32.00.
B) $56.00.
C) $48.00.
D) $30.00.
E) None of these alternatives is correct.

Correct Answer:

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