littlemisshelper littlemisshelper

17-02-2019
Mathematics

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A box of 24 greeting cards is sold at a gift shop for $3.00. The cost to the store is $2.40. What is the markup as a percentage of cost?

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mambas2001 mambas2001

18-02-2019

Answer:

25%

Step-by-step explanation:

formula for percent markup/discount= absulute value of original-new/original

plug the numbers is

(2.40-3.00/2.40) absolute value=0.25

0.25 as a percent is 25%

I hope this helps!

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