A store is instructed by corporate headquarters to put a markup of 11% on all items. An item costing $18 is displayed by the store manager at a selling price of $2. As an employee, you notice that this selling price is incorrect. Find the correct selling price. What was the manager's likely error?
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A store is instructed by corporate headquarters to put a markup of 11% on all items. An item costing $18 is displayed by the store manager at a selling price of $2. As an employee, you notice that this selling price is incorrect. Find the correct selling price. What was the manager's likely error?
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