Question

A grocery store owner buys a certain brand of crackers from a supplier at $0.95 per box. She sells it to her customers at a markup of 120%. How much does she charge for each box of crackers?​

Answer 1

Selling price= $1.14

Explanation:

Giving the following information:

Purchase cost= $0.95

Mark up percentage= 120% = 1.2

Selling price= $1.14

Selling price= purchase cost * mark up percentage

Selling price= 0.95 * 1.2

Selling price= $1.14