SOLUTION: A local department store sold a cookware set at the retail cost of 40$. The actual cost of the cookware was 25$. what was the percentage markup based on retail price for the cookwa

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A local department store sold a cookware set at the retail cost of 40$. The actual cost of the cookware was 25$. what was the percentage markup based on retail price for the cookwa      Log On


   



Question 934340: A local department store sold a cookware set at the retail cost of 40$. The actual cost of the cookware was 25$. what was the percentage markup based on retail price for the cookware set?
Answer by vicgonzerx(31) About Me  (Show Source):
You can put this solution on YOUR website!
(40-25)/25=60% MARK UP