A Certain item costs to Harris $50. At what price must the merchant sell this item in order to make a profit of 10% ?	Answers.
A) $50	B) $55	C) $65	D) $60	E) $50
Cost Price = $50   Profit % = 10   Selling Price = ?   Selling Price = (100 + profit %) * Cost Price /100   = (100 + 10) * 50 / 100= 
<gadget id="calculator">(100 + 10) * 50 / 100</gadget>
<output>55</output>
55   Answer is $55
<result>B</result>
A Certain item costs to Harris $50. At what price must the merchant sell this item in order to make a profit of 10% ?