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Iteru
22 days ago
14

$0.60 bottle of iced tea marked up to $1.35

Mathematics
2 answers:
zzz [9K]22 days ago
6 0
The result is 0.81 because you must multiply 0.60 by 1.35 to get 0.81. Then divide 0.81 by 0.60.
tester [8.8K]22 days ago
3 0

complete question:

$0.60 bottle of iced tea marked up to $1.35. Find the percentage markup.

Answer:

percentage markup = 125%

Step-by-step explanation:

To find the percentage increase of a $0.60 bottle marked up to $1.35, use the formula:

1.35/0.60 = p/100

2.25 = p/100

2.25 = p/100

Multiply both sides by 100:

2.25 × 100 = p

225%

Hence, the markup is 225 - 100 = 125%

percentage markup = 125%

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