Question

The owner of a used bookstore buys used comic books from customers for $0.60 each. The owner then resells the used comic books at a 250% markup.

Answer 1

Answer: $2.10

Step-by-step explanation:

Markup percentage = 250%

Cost price = $0.60

Markup amount = Markup percentage × Cost price

= 250% × $0.60

=2.5 × $0.60

= $1.50

Resale price = Cost price + Markup amount

= $0.60 + $1.50

= $2.10