Question

A pair of tomato plants sells for $20.65. the cost is $7.32 each. what is the markup rate, based on cost to the nearest tenth of a percent

Answer 1

Answer: 64.6%

Explanation:

$\textnormal {Markup Rate = } \cfrac{20.65 - 7.32}{20.65} \times 100 = 64.6\%$

Answer 2

The markup cost totals 41.1%. Hope this helps!