Question

Fantasy-N-fun sells gaming cards for $9.99 but they pay only $6.75per card. What is the percent markup

Answer 1

Fantasy-N-fun sells gaming cards for = $9.99.

The amount they pay per card = $6.75.

Let us find the difference in prices of Fantasy-N-fun sells gaming cards price and the amount they pay per card.

So, the difference is 9.99 - 6.75 = $3.24.

Now, we need to find the percent markup.

So, the percent markup would be

`(3.24)/(9.99) * 100`

`=(324)/(9.99)`

`=32.43`

Therefore, the percent markup is 32.43 %.