Question

A case of oranges sells at a fruit stand for $5.00. There are 30 oranges in a case. The grocery store sells a case at $8.50.

What is the grocery store mark-up?

A. $3.50

B. $2.50

C. $4.50

D. $3.00

Answer 1

A

Step-by-step explanation:

To calculate the markup, we need to find the difference between the selling price and the cost price. In this case, the selling price is $8.50 and the cost price is $5.00. Therefore, the markup is $8.50 - $5.00 = $3.50.

Answer 2

The grocery store mark-up on a case of oranges is calculated by subtracting the fruit stand's selling price from the grocery store's selling price, which is $8.50 - $5.00, resulting in a mark-up of $3.50.

Step-by-step explanation:

The student's question involves calculating the grocery store mark-up for a case of oranges. The fruit stand sells the case for $5.00, while the grocery store sells it for $8.50. The mark-up can be found by subtracting the fruit stand's price from the grocery store's price.

To compute the grocery store mark-up, use the following calculation:

• Grocery store price: $8.50
• Fruit stand price: $5.00
• Mark-up = $8.50 - $5.00

This results in a mark-up of $3.50.

Therefore, the correct answer is:

A. $3.50