Gracehata
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 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 :)
Answer Link
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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