A grocery store owner buys a certain brand of crackers from a supplier at $0.95 per box. She sells it to her customers at a mark
up of 120%. How much does she charge for each box of crackers?
1 answer:
Answer:
Selling price= $1.14
Step-by-step explanation:
Giving the following information:
Purchase cost= $0.95
Mark up percentage= 120% = 1.2
Selling price= $1.14
Selling price= purchase cost * mark up percentage
Selling price= 0.95 * 1.2
Selling price= $1.14
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