Use partial quotients 3 divided by 657
2 answers:
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Answer:
The markup rate is 144% .
Step-by-step explanation:
Formula
As given
Clara Schumann is buying bagels for her coworkers, She buys a dozen bagels priced at $5.49 a dozen.
i.e
Selling price of a dozen bagels is $5.49 .
The bakery's cost for making the bagels is $2.25 per dozen.
i.e
Cost price of a dozen bagels is $2.25 .
Putting all the values in the formula
Markup percentage = 144 %
Therefore the markup percentage is 144% .