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All local school purchases 100 rulers for $200. The school resells the rulers at school for $2.50. What is the percent markup?

All local school purchases 100 rulers for $200. The school resells the rulers at school for $2.50. What is the percent markup?
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2 votes
All local school purchases 100 rulers for $200. The school resells the rulers at school for $2.50. What is the percent markup?

asked
User Willcwf
by
7.6k points

1 Answer

1 vote

Answer:

Its a 40% mark up

Explanation:

200/100=100

100/100=1

1/2.50=0.4

0.4*100=40%

answered
User Megv
by
8.4k points
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