an item costs a store $10 from the manufacturer. the store plans to mark up the item at 80% of the cost. use…

an item costs a store $10 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.
Answer
Explanation:
Step1: Calculate markup amount
$10\times0.8 = 8$
Step2: Calculate sticker price
$10 + 8=18$
Answer:
$18$