A Producer Makes an Item for $32 and Sells It

Multiple Choice

A producer makes an item for $32 and sells it with a 50 percent markup to a wholesaler. The wholesaler then applies a 20 percent markup. A retailer then uses a 60 percent markup. The final retail selling price is:

A) $200.00.
B) $73.60.
C) $64.00.
D) $80.00.
E) Cannot be determined without stockturn information.