Question

A buyer for a candle gift shop purchased an assortment of candles:

• 160 jar candles (22 oz) at a cost of $6.00 each
• 180 jar candles (17.5 oz) at a cost of $5.00 each
• 170 jar candles (14.5 oz) at a cost of $4.00 each
• 160 jar candles (11 oz) at a cost of $3.00 each

She plans to sell all of the candles at the same retail price. What unit retail will result in a 54% markup percentage?

	a.	$13.34
	b.	$7.19
	c.	$9.80
	d.	$13.67
	e.	$12.78
	f.	None of the above.

Answer 1

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