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 percent)?
A) 20 percent
B) 26 percent
C) 30 percent
D) 43 percent
E) 48 percent

Question

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The Answer of 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 percent)?
A) 20 percent
B) 26 percent
C) 30 percent
D) 43 percent
E) 48 percent

Walgreens Drugstores Buys a Bottle of Shampoo from a Wholesaler