40.1k views
4 votes
** uestion number 2

A hardware store buys a hammer at a cost of
$6.00. The selling price of the hammer is
$12.00
The amount of markup is - and the
percent of markup based on selling price
rounded to two decimal places is
Hint: Use the formulas: Markup Selling
Price - Cost, and
Percent of Markup based on a re
Selling Price​

User Tomusm
by
5.6k points

1 Answer

3 votes

Answer:

12 - 6 = $6 markup

marked up 200% (i think) because it is sold at twice the amount of bought price

User Melebius
by
6.1k points