Question: Please provide the answer to this general accounting question using the right approach Sarah works at a boutique where she sells handcrafted bags for $180.00

Please provide the answer to this general accounting question using the right approach

Sarah works at a boutique where she sells handcrafted bags for $180.00 each. She maintains a markup of 40% on the selling price, What is the cost of one bag to Sarah? a. $72.00 b. $108.00 c. $252.00 d. $112.50

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