a store buys items at a wholesale price of $45 each. if the store marks up the price, and no discounts are…

a store buys items at a wholesale price of $45 each. if the store marks up the price, and no discounts are given, which could be possible retail prices? check all that apply.\n$30\n$39\n$45\n$49\n$65

a store buys items at a wholesale price of $45 each. if the store marks up the price, and no discounts are given, which could be possible retail prices? check all that apply.\n$30\n$39\n$45\n$49\n$65

Answer

Explanation:

Step1: Understand markup concept

Mark - up means increasing the price. So the retail price after markup should be greater than the wholesale price.

Step2: Compare prices

The wholesale price is $45. We check each option:

  • $30<45$, not a markup price.
  • $39<45$, not a markup price.
  • $45 = 45$, no markup.
  • $49>45$, a possible markup price.
  • $65>45$, a possible markup price.

Answer:

D. $49, E. $65