If the selling price of a drug is $43.29 with a 33% markup and a $7.50 dispensing fee, what is the final cost?

To determine the final cost of the drug, we need to understand the components that make up the selling price, which includes the cost of the drug, the markup, and any additional fees such as the dispensing fee.

First, we can calculate the cost of the drug before the markup is applied. If the selling price is $43.29 and there is a 33% markup, we can represent the selling price as:

Selling Price = Cost + (Markup Percentage x Cost)

$43.29 = Cost + (0.33 x Cost)

$43.29 = Cost x (1 + 0.33)

$43.29 = Cost x 1.33

Now, to find the original cost, we can rearrange the equation:

Cost = $43.29 / 1.33

Cost ≈ $32.52

Next, we need to add the dispensing fee of $7.50 to the cost of the drug:

Final Cost = Cost + Dispensing Fee

Final Cost = $32.52 + $7.50

Final Cost ≈ $40.02

However, the goal is to understand how much we need to calculate correctly to relate it to the provided answer options. The key idea