Walgreens Drugstores buys a bottle of shampoo from a wholesaler for $3.25 and then places it on a shelf with a price tag of $4.64.What is Walgreens' markup on selling price (expressed as a percentage)?
A)20 percent
B)26 percent
C)30 percent
D)43 percent
E)48 percent

Question

Quizplus · Accepted Answer

Unless otherwise stated,markup (percent)means the percentage of the selling price that is added to the cost to get the selling price.

Walgreens Drugstores Buys a Bottle of Shampoo from a Wholesaler