Respuesta :
Answer:
Selling price= $13
Step-by-step explanation:
Giving the following information:
The cost of your product is $10, and you are planning a 30% mark-up.
The price of the product is calculated by adding to the manufacturing costs a predetermined percentage.
Selling price= 10*1.3
Selling price= $13
Based on the cost of the product and the mark-up, the price of the product will be $13.
Price of product
This can be fund using the formula:
= Cost of product x ( 1 + markup percentage)
Solving gives:
= 10 x ( 1 + 30%)
= 10 x 1.3
= $13
In conclusion, the product would be $13.
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