Question
A backery makes loaves of bread for $1.40 and sells them for $1.75 per loaf. What is the percent markup on each loaf based on cost?
Answers
Ms. Sue
1.75 - 1.4 = 0.35
0.35 / 1.4 = 0.25 = 25%
0.35 / 1.4 = 0.25 = 25%