Question

Tom paid $0.60 per pound for tomatoes to sell at his produce store. He added a 33% markup. What price did he charge his customers for the tomatoes? Round to the nearest cent if needed.

Answer 1

Answer: = 0.198

Step-by-step explanation:

0.60 * (100% + 33%) = 0.60 * 133% = 0.60 * 1.33 = 0.798

The markup is 0.798 - 0.60 = 0.198, which is also 0.60 * 33% = 0.60 * .33 = 0.198