The local convenience store buys Blueberry Fizz, a cold beverage, in 2-liter plastic bottles for $1.00. They use a 50 percent selling price markup, meaning that consumers pay the store ________Blank per bottle.

Answer 1

To find the selling price per bottle after a 50 percent markup, you can follow these steps:

1. Determine the cost price: The store buys Blueberry Fizz for $1.00 per bottle.

2. Calculate the markup amount:

   • The markup is 50% of the cost price.
   • Markup = 50% of $1.00 = 0.50 × $1.00 = $0.50.

3. Add the markup to the cost price to find the selling price:

   • Selling Price = Cost Price + Markup = $1.00 + $0.50 = $1.50.

Therefore, consumers pay the store $1.50 per bottle.