Question

The cost of a pen at the office supply store is $2.65. The school store sells the pen for $3.45. How much does the school store markup the pen?

Enter the correct answer in the box.

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Answer 1

The pen is what ever when you subtract them

Answer 2

The amount that the school store markup the pen would be =$0.8

How to determine the markup price of that pen?

To calculate the markup price of the pen the following steps should be taken as follows:

The initial cost of the pen at the office = $2.65

The school store sell = $3.45

The difference in two prices;

= 3.45-2.65

= $0.8