Question

Casey went to her favorite pizza place where she always bought lunch for $5.50. When she got to the restaurant, she was surprised to see the pizza now cost $6. What percentage was the pizza marked up?

A. between 8% and 9%
B. between 9% and 10%
C. between 10% and 11%
D. between 11% and 12%

Answer 1

option B.

Explanation:

The original price of Casey's favorite pizza was $5.50, but now it costs $6. To find the percentage markup, we can use the formula:

(markup / original price) * 100%

The markup is the difference between the new price and the original price:

$6.00 - $5.50 = $0.50

So the markup is $0.50.

Using the formula above:

(markup / original price) * 100% = ($0.50 / $5.50) * 100% = 9.09%

Therefore, the pizza was marked up by about 9%, which is option B.