Problema Solution
a golf shop pays its wholesaler $40 for a certain club,and then sells it to a golfer for $75.what is the markup rate?
Answer provided by our tutors
The difference in prices is $75-$40=$35. So, we need to find what percentage of 40 is 35. We do this by dividing: 35/40=0.875, which is 87.5%. So, the markup is 87.5%.
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