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# An item is priced 20 percent more than its wholesale cost. If the whol

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Math Expert
Joined: 02 Sep 2009
Posts: 55801
An item is priced 20 percent more than its wholesale cost. If the whol  [#permalink]

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24 Dec 2018, 23:02
00:00

Difficulty:

15% (low)

Question Stats:

91% (00:28) correct 9% (00:29) wrong based on 26 sessions

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An item is priced 20 percent more than its wholesale cost. If the wholesale cost was \$800, what is the price of the item?

A. \$900
B. \$960
C. \$1,000
D. \$1,040
E. \$1,200

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Joined: 18 Aug 2017
Posts: 3920
Location: India
Concentration: Sustainability, Marketing
GPA: 4
WE: Marketing (Energy and Utilities)
Re: An item is priced 20 percent more than its wholesale cost. If the whol  [#permalink]

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25 Dec 2018, 07:37
20% or 1.2
800*1.2
= 960

IMO B

Bunuel wrote:
An item is priced 20 percent more than its wholesale cost. If the wholesale cost was \$800, what is the price of the item?

A. \$900
B. \$960
C. \$1,000
D. \$1,040
E. \$1,200

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Re: An item is priced 20 percent more than its wholesale cost. If the whol   [#permalink] 25 Dec 2018, 07:37
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