SOLUTION: A retail item that has a wholesale cost of $10 is markeup up 20%. What is the retail selling price of the item in dollars?

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Question 1154948: A retail item that has a wholesale cost of $10 is markeup up 20%. What is the retail selling price of the item in dollars?
Answer by josgarithmetic(39616) About Me  (Show Source):
You can put this solution on YOUR website!
wholesale, 10 dollars
20% markup on wholesale, %2820%2F100%29%2A10%2B10=2%2B10=highlight%2812%29------the retail selling price