A retailer purchases postcards for $0.50 and sells them for $0.70. What is the markup?

Andrew Tetlaw asked Jun 6, 2023

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Andrew Tetlaw asked Jun 6, 2023

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18 votes

0.70 -0.50 = 0.20 cent mark up

0.20/0.50 = 0.40 = 40% markup

Tim Kist answered Jun 11, 2023

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