an item costs a store $25 from the manufacturer. the store plans to mark up the item at 80% of the cost. use…

an item costs a store $25 from the manufacturer. the store plans to mark up the item at 80% 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:
$45.00
Explanation:
Step1: Calculate the markup amount
$25\times0.8 = 20$
Step2: Calculate the sticker - price
$25 + 20=45$