In percent markup, the cost of ingredients is added to the cost of ingredients multiplied by the desired percentage of markup [cost of ingredients + (cost of ingredients ´ % of markup)]. What would the prescription price be in the following situation? A package of a certain drug costs $5.00. The pharmacist applies a 40% markup on cost.
A. $5.40
B. $6.40
C. $7.00
D. $7.40
Answer: C
Health Professions
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A. A
B. B
C. C
D. D
E. E
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