Gracehata Gracehata

24-03-2017
Mathematics

contestada

The price of a book increased from $20 to $25. What is the markup rate?

25%

3%

20%

5%

Respuesta :

Jillyjelly Jillyjelly

24-03-2017

The increase was $5.
5 goes into 20, 4 times, therefore 5 is 25% of 20.
So adding $5 to $20 increased its price by %25.
Hope this helps!
If you have any questions, just let me know :)

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Superglace Superglace

24-03-2017

25-20=5
5÷20=0.25
0.25=25%
The markup rate is 25%.

Answer Link

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