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21 July, 10:33

A box of 24 greeting cards is sold at a gift shop for $3.00. The cost to the store is $2.40. What is the markup as a percentage of cost?

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  1. 21 July, 10:58
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    25%

    Step-by-step explanation:

    formula for percent markup/discount = absulute value of original-new/original

    plug the numbers in

    (2.40-3.00/2.40) absolute value=0.25

    0.25 as a percent is 25%
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