Question

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 the selling price?

Answer 1

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%