A store marks up items by 40%. If an item costs $50 wholesale, what is the retail price? A $70 B $90 C $45 D $55 ✓ Correct Answer: Option A Retail = $50 × 1.40 = $70. A 40% markup adds $20 to the $50 cost. Practice SAT Exam Prep Quizzes → Browse All Questions Study Flashcards