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

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Fountain sodas that cost $0.20 per 8 fl .oz are marked up 750% when sold. What is the amount of markup in dollars per fl. Oz soda?      Log On


   

Question 992172: Fountain sodas that cost $0.20 per 8 fl .oz are marked up 750% when sold. What is the amount of markup in dollars per fl. Oz soda?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+.2%2F8+=+.025%2F1+
+7.5%2A.025+=+.1875+
The markup is $.19 per fl oz.