Question

In interactive illustration 1: Channel margins, Circuit Store sells the CollarPop pedometer sunglasses for $27.95 at...

In interactive illustration 1: Channel margins, Circuit Store sells the CollarPop pedometer sunglasses for $27.95 at 14% margin while the wholesaler and the supplier each get a 20% margin. What is the wholesaler's selling price Circuit Store?
a. $26.95 b. $24.04 c. $19.23 $15.34

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Answer #1

Option c is TRUE

Retailer price = 27.95

Retailer margin = 14%*27.95 = 3.92

Supplier Price = 24.04

Supplier margin = 20%*24.04 = 4.82

Wholesaler Price = $19.23

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