Respuesta :

Answer:

The selling price  = $36

Step-by-step explanation:

  • The Buying price or Cost (C) = $12
  • Markup = 200%

So

Percent Markup on Cost  (M) = 200% of 12

                                                = 200/100 × 12

                                                = 2 × 12

                                                = $24

Thus the selling price  =  Cost (C) + Markup (M)

                                      = $12 + $24

                                      = $36

Therefore, we conclude that:

The selling price  = $36