A store is instructed by corporate headquarters to put a markup of 11​% on all items. An item costing ​$18 is displayed by the store manager at a selling price of ​$2. As an​ employee, you notice that this selling price is incorrect. Find the correct selling price. What was the​ manager's likely​ error?

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Respuesta :

The manager’s likely error was forgetting to add the $2 back to the $18. Because $2 is roughly 11% of $18 for a markup you need to add the $2 back into the $18 for a total of $20.