Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

Exercise 56

Solve the following Word Problems. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
You arc the manager of Midtown Hardware. If the Energy Max batteries in year advertisment have a cost of $3.25,
a. What is the amount of the markup on these batteries
b. What is your percent markup based on selling price
c. If the vendor reduces the cost to $2.90 as a promotional trade discount this week is your new amount of markup and what is the percent markup based on selling price