SOLUTION: Fountain sodas that costs $0.20 per 8 fl. oz are markeup up 750% when sold. What is the amount of markup in dollars per 8 fl. oz soda?

Question 1154949: Fountain sodas that costs $0.20 per 8 fl. oz are markeup up 750% when sold. What is the amount of markup in dollars per 8 fl. oz soda?
Found 3 solutions by josgarithmetic, greenestamps, MathTherapy:
Answer by josgarithmetic(39625)   (Show Source): You can put this solution on YOUR website!

----price after markup

Amount of markup: =
Answer by greenestamps(13203)   (Show Source): You can put this solution on YOUR website!

The answer from tutor @josgarithmetic is not right.

The amount of markup is 750% of the cost:

ANSWER: The AMOUNT OF MARKUP is $1.50 for each soda.

(The PRICE of the soda AFTER MARKUP is $0.20+$1.50 = $1.70)

Answer by MathTherapy(10556)   (Show Source): You can put this solution on YOUR website!

Fountain sodas that costs $0.20 per 8 fl. oz are markeup up 750% when sold. What is the amount of markup in dollars per 8 fl. oz soda?

Correct answer:
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