The school cafeteria buys bottles of water for $0.75 each and sells them for $1.05 each. By what percentage does the cafeteria m
arkup the price of water bottles? Do NOT include units or percent signs!
1 answer:
Answer:
40
Step-by-step explanation:
Cost of the bottles of water = $0.75
Sales of the bottle= $1.05
markup Price= [(Sales of the bottle)-(Cost of the bottles of water)]/Cost of the bottles of water
= ($1.05- $0.75)/$0.75
= $0.30/$0.75
=0.40×100%
40%
=
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