Answered

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If the cost of a product is br 92.00 and the company is having a policy of 15% mark-up on cost then the sales price will be

Sagot :

abiolataiwo2015

Based on the information given the sales price will be: 105.8.

Using this formula

Sales price=Cost+(Cost ×Mark up percentage)

Where:

Cost=92.00

Mark up percentage=15% or 0.15

Let plug in the formula

Sales price=92+(92×0.15)

Sales price=92+13.8

Sales price=105.8

Inconclusion the sales price will be: 105.8.

Learn more about sales price here:https://brainly.com/question/12791384

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