If the package of a drug product costs $5.00 and the pharmacist applies a 50% markup on cost, plus a professional fee of $3.00, what would the prescription price be?
$4.25
$6.50
$8.25
$10.50
$10.50
Rationale: The prescription price in this example would be $10.50 . This is calculated as follows: Cost of drug product ($5.00) plus Cost of ingredients multiplied by percentage of markup ($5.00 x 50% = $2.50) plus Professional fee ($3.00). Therefore, $5.00 + $2.50 + $3.00 = $10.50.
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