an item costs a store $22 from the manufactur...
an item costs a store $22 from the manufacturer. the store plans to mark up the item at 90% of the cost. use this information to calculate the sticker price the store should sell the item for. $?
Answer
# Explanation:
## Step1: Calculate the markup amount
Markup amount = Cost × Markup percentage. The cost is $222 and the markup percentage is 90% or 0.9. So, Markup amount = $222×0.9 = $199.8$.
## Step2: Calculate the sticker - price
Sticker price = Cost+Markup amount. Cost = $222 and Markup amount = $199.8. So, Sticker price = $222 + 199.8=$421.8$.
# Answer:
$421.8$