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The cost of a New York Yankee baseball cap is $24.00. The local sporting goods store sells it for $30.00. Find the markup rate.

The cost of a New York Yankee baseball cap is $24.00. The local sporting goods store sells it for $30.00. Find the markup rate.
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The cost of a New York Yankee baseball cap is $24.00. The local sporting goods store sells it for $30.00. Find the markup rate.

asked
User Nunofmendes
by
7.2k points

2 Answers

3 votes

Answer:

25% mark up

Explanation:

answered
User PVoLan
by
7.9k points
1 vote
The different of the new price to the old is $6.
Divide this by the old price to find the markup
6/24*100% = 25% mark-up
answered
User Ciro
by
8.1k points
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