a pharmacy purchases five bottles of amoxicillin 250 mg weekly at a total price of $350. if the markup on cost is 20%, how much does the pharmacy charge per bottle?

$70
$42
$56
$84

Question

a pharmacy purchases five bottles of amoxicillin 250 mg weekly at a total price of $350. if the markup on cost is 20%, how much does the pharmacy charge per bottle?

$70
$42
$56
$84

Accepted Answer

{ "quality": "clear", "question_count": 1, "skills_matched": [ "step_cot", "multiple_choice_formatter", "explain_then_answer", "tutor", "mastery_adaptive_brevity" ], "needs_drawing": false, "concepts_used": [ "Pharmacy Calculations" ], "new_concepts": [ "Markup Calculations", "Pharmacy Business Math" ], "current_concepts": [ "Pharmacy Calculations", "Markup Calculations", "Pharmacy Business Math" ] } ## Calculate cost per bottle Using the *Pharmacy Calculations* knowledge point $$ \text{Cost per bottle} = \frac{\$350}{5} = \$70 $$ ## Apply markup percentage Using the *Pharmacy Calculations* knowledge point $$ \text{Selling price per bottle} = \$70 \times (1 + 0.20) = \$70 \times 1.20 = \$84 $$

$70

$42

$56

$84

{ "subject": "Business", "question_type": "Multiple Choice", "knowledge_point": [ "Business", "Pharmacy Calculations", "Markup Calculations" ] }

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QUESTION IMAGE

Question

Explanation:

Calculate cost per bottle

Apply markup percentage

Answer: