A 3-column table with 3 rows. Column 1 is labeled Seller with entries wholesaler, Distributor, Retail Store. Column 2 is labeled
markup with entries 0 percent, 100 percent, 80 percent. Column 3 is labeled Selling Price with entries 80 cents, A, B. A distributor buys packs of trading cards from a wholesaler for $0.80 each. The distributor marks up the cards by 100% before selling them to stores. How much does the distributor sell each pack of cards for?
The stores then mark up the cards another 80% before selling them to customers. How much does the retailer sell a pack of cards for?
If you where to simplify 4/6 you will get an equivalent fraction. So you would find a common numeral between the tw0. In this case it would be 2. So it would be 2/3 cause you would divide each number by two to get 2/3.
