Answer:
$6.8 and
$14.8
Step-by-step explanation:
Given wholesale cost = $8.00
A store wants to sell them with a markup of 85%.
That’s 85% of the wholesale cost .
Therefore, markup amount =
85% /100% x $8.00
0.85 x $8.00
$6.8
The retail price = markup amount + wholesale cost
That’s
$6.8 + $8.00
$14.8
Therefore, the markup amount is $6.8 while the retail price is $14.8
