determine sticker price - markup percentage\nan item costs a store $14 from the manufacturer. the store…

determine sticker price - markup percentage\nan item costs a store $14 from the manufacturer. the store plans to mark up the item at 70% of the cost. use this information to calculate the sticker price the store should sell the item for.\n$?

determine sticker price - markup percentage\nan item costs a store $14 from the manufacturer. the store plans to mark up the item at 70% of the cost. use this information to calculate the sticker price the store should sell the item for.\n$?

Answer

Explanation:

Step1: Calculate markup amount

Markup = $14 × 70% = 14 × 0.7 = 9.8$

Step2: Compute sticker price

Sticker Price = Cost + Markup = $14 + 9.8 = 23.8$

Answer:

23.8