Which expression can be used to find the retail price of an item that was bought at wholesale for $112 and sold at a 40% markup?
A: $112 + 4($112)
B: $112 – 4($112)
C: $112 – 0.40($112)
D: $112 + 0.40($112)
The wholesale price = $112 Markup percentage = 40% or 0.40 So, the expression that will give the retail price of the item = 112 + 0.40 (112) Retail price = purchase/wholesale price plus markup
