an item costs a store $14 from the manufacturer. the store plans to mark up the item at 70% of the cost. use…

an item costs a store $14 from the manufacturer. the store plans to mark up the item at 70% of the cost. use this information to calculate the sticker price the store should sell the item for. $? round to the nearest cent.

an item costs a store $14 from the manufacturer. the store plans to mark up the item at 70% of the cost. use this information to calculate the sticker price the store should sell the item for. $? round to the nearest cent.

Answer

Answer:

$23.80$

Explanation:

Step1: Calculate the markup amount

$14\times0.70 = 9.8$

Step2: Calculate the sticker price

$14 + 9.8=23.8$