Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

What is the sticker price?

What Is The Sticker Price class=

Sagot :

60% gross margin means they increase by the price by 60%

Multiply the purchase price by 1 + the gross margin:

16 x (1 + 0.60) = 16 x 1.60 = 25.60

The sticker price is $25.60