Lilly buys tea from England for $4 a box and sells it in “The Tea Party” for $12 a box. Find the percent of markup based on cost.

Given:

Cost price (C.P.) = $4 per box

Selling price (S.P.) = $12 per box

To find:

The percent of markup based on cost.

Solution:

We know that,

On substituting the given values, we get

Therefore, the percent of markup based on cost is 200%.

1. 8

2. 9

3. 20

4. 3

5. 17

6. 2.2

7. 11.25

8. 1

9. 14

10. 2

step-by-step explanation:

thats the first half

i'm sorry i don't know

step-by-step explanation: