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A retailer purchases postcards for $0.50 and sells them for $0.70. What is the markup?

A retailer purchases postcards for $0.50 and sells them for $0.70. What is the markup?
asked 102k views
21 votes
A retailer purchases postcards for $0.50 and sells them for $0.70. What is the markup?

asked
User Razib Al Mamun
by
8.0k points

1 Answer

9 votes

0.70 -0.50 = 0.20 cent mark up


0.20/0.50 = 0.40 = 40% markup

answered
User Savelii Zagurskii
by
8.8k points
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