Our school store buys a shipment of 1000 pencils for $65. If we sell each pencil for 10 cents, what is the markup percentage of each pencil? A. 28% C. 54% D. 65% B. 43%

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Joelhaus asked Jun 10, 2023

507,236 views

0 votes

Our school store buys a shipment of 1000

pencils for $65. If we sell each pencil for
10 cents, what is the markup percentage
of each pencil?
A. 28%
C. 54%
D. 65%
B. 43%

Mathematics
high-school

Joelhaus asked Jun 10, 2023

by Joelhaus

2.6k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

21 votes

Answer:

54%

Explanation:

65 / 1000 = 0.065. 0.10 / 0.065 = 1.538, so the markup would be C, 54%.

Maraboc answered Jun 16, 2023

by Maraboc

2.7k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

0 Comments

Your comment on this answer:

Other Questions