A coffee shop buys a crate of coffee beans for $32 each. The rate of markup based on cost is 85%. a) What is the dollar amount of the markup? b) What is the selling price of the crate of coffee beans?

Question 16 options: Markup $0.85 Selling Price $32.85 Markup $30.40 Selling Price $62.40 Markup $29.44 Selling Price $61.44 Markup $25.60 Selling Price $57.60 Markup $27.20 Selling Price $59.20 Markup $24.00 Selling Price $56.00 Markup $22.40 Selling Price $54.40 Markup $28.16 Selling Price $60.16