$0.60 bottle of ice tea marked up to $1.35
the answer is 125%, hope this helps.
To calculate the markup percentage for the $0.60 bottle of iced tea marked up to $1.35, you need to find the difference between the selling price and the cost price, and then divide that by the cost price.
Markup Percentage = ((Selling Price - Cost Price) / Cost Price) * 100
In this case, the selling price is $1.35, and the cost price is $0.60.
Markup Percentage = (($1.35 - $0.60) / $0.60) * 100
Markup Percentage = ($0.75 / $0.60) * 100
Markup Percentage = 1.25 * 100
Markup Percentage = 125%
Therefore, the bottle of iced tea was marked up by 125%.
To summarize:
- Selling price: $1.35
- Cost price: $0.60
- Markup percentage: 125%
sfdsafasfsafsa
what a ripoff
was there a question in there somewhere?