Question

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

Answer 1

25%

Explanation:

$30.00 - $24.00 = $6.00

24 x 25%

24 x .25 = 6

Answer 2

The markup rate is 25%.

$30.00 - $24.00 = $6.00

24 x 25%

24 x .25 = 6

Hope this helps. :)