Massachusetts Pharmacy Technician License Practice Test

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Massachusetts Pharmacy Technician License Exam. Study with flashcards and multiple choice questions, each providing hints and thorough explanations to ensure exam readiness!

Practice this question and more.

If the wholesale cost of a drug is $47.66 and the pharmacy applies a 12% markup plus a $6.50 dispensing fee, what will the patient be charged?

$55.00
$59.88
$64.00
$68.25

The correct answer is: $59.88

To determine the amount the patient will be charged, you first need to calculate the total cost based on the wholesale price, the markup, and the dispensing fee. Start with the wholesale cost of the drug, which is $47.66. Next, calculate the markup. A 12% markup means you multiply the wholesale cost by 0.12: $47.66 * 0.12 = $5.7192 Now, add this markup to the original wholesale cost: $47.66 + $5.7192 = $53.3792 Next, include the dispensing fee of $6.50 to this total: $53.3792 + $6.50 = $59.8792 When you round this to a standard charging cost, it becomes $59.88. This calculation reflects the correct method of figuring out the patient charge, combining both the markup on the drug and the pharmacy's dispensing fee. Therefore, the patient will be charged $59.88.