Question

The cost of a New York Yankee baseball cap is $24.00. The local sporting goods store sells it for $30.00. Find the markup rate.

Answer 1

The different of the new price to the old is $6.
Divide this by the old price to find the markup
6/24*100% = 25% mark-up

Answer 2

Answer:

25% mark up

Step-by-step explanation: