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

Exercise 11

Solve the following Word Problems. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
As the manager of Speedy Supermarket, answer the following questions.
a. If 2-liter Bubbly-Cola products cost Speedy $16.50 per case of 24 bottles, what are the amount of the markup and the percent markup on selling price per case
b. If 12-pack Bubbly-Cola products have a markup of $8.25 per case of six 12-packs at Speedy, what are the cost and the percent markup on selling price per case
c. Why has Speedy Supermarket chosen to use markup based on selling price