The cost of a pen at the office supply store is $2.65. the school store sells the pen for $3.45. How much does the school store
markup the pen? Find the percent increase. 0.80/ 2.65=____%
1 answer:
Answer:
30.1%
Step-by-step explanation:
The increase in price (markup) is ($3.45 - $2.65) = $0.80.
The increase in price (as a decimal fraction) is 0.80/2.65, or 0.301; as a percentate, this is 30.1%
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