skylarmarie95 skylarmarie95

19-03-2021
Mathematics

contestada

A store pays a supplier $40.00 for a wagon. The store sells the wagon for $70.00. What is the markup rate?

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vidalmari6p99qfk vidalmari6p99qfk

19-03-2021

Answer:

markup 75%

Step-by-step explanation:

The difference in prices is $70-$40=$30.

So, we need to find what percentage of 40 is 30. We do this by dividing: 30/40=0.75, which is 75%. So, the markup is 75%.

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