SOLUTION: Chin Yov, store manager for Best Buy, does not know how to price a GE freezer that cost the store $670. Chin knows his boss wants a 20% markup on cost.
How much should Chin pri
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Question 791062: Chin Yov, store manager for Best Buy, does not know how to price a GE freezer that cost the store $670. Chin knows his boss wants a 20% markup on cost.
How much should Chin price the freezer?
Answer by Cromlix(4381) (Show Source): You can put this solution on YOUR website!
20/100 * $670 = $134
$670 + $134 = $804.
This is what Chin should price the freezer at.
Hope this helps.
:-)
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