Tick Tock, a small retailer of quality alarm clocks, sells its product based on a 35% mark-up of cost.If the business's product costs are approximately R133, what is the selling price?
A)R138.
B)R198.
C)R180.
D)R289.

Question

Quizplus · Accepted Answer

The cost of the product is R133. 
The mark-up is 35% of the cost, which is 0.35 x 133 = R46.55. 
Therefore, the selling price is the cost plus the mark-up, which is 133 + 46.55 = R179.55, rounded up to R180. 
Option C is the closest answer.

Tick Tock, a Small Retailer of Quality Alarm Clocks, Sells