Question $43$

$4$ pts

A manufacturer makes a product for $$8$ and adds a $25\%$ profit on cost$.$ The wholesaler then sells it for $33\mathrm{.}33\%$ markup based on retailer purchase price. The retailer marks it up by $25\%$ on consumer purchase price and sells the product to the consumer. What is the total $ channel markup in going from manufacturer's selling price to retailer selling price, i$.$e$.,$ the $ difference between the two $($round to two decimals where necessary$)?$

$$8$

$$10$

$$12$

$$5$