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18 July, 03:17

Find the markup on the following item. A candle costing $0.67 and selling for $0.98

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  1. 18 July, 03:52
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    Answer: There is mark up of $0.31 in the above item.

    Step-by-step explanation:

    Since we have given that

    Cost price of candle = $0.67

    Selling price of candle = $0.98

    So, difference in the cost price and selling price would be

    Selling price - Cost price

    =$0.98-$0.67

    =$0.31

    Hence, there is mark up of $0.31 in the above item.
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