An office supply store adds a $2.50 markup to calculators and sells them for $9.95.   (a) What is the cost (in $) of the calculators?   (b)What is the percent markup based on cost? (Round your answer to the nearest tenth of a percent.)

Mathematics For Machine Technology
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ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter27: Metric Units Of Linear Measure
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Problem 2A: Of the 2478 pieces manufactured one day, the inspector rejected 37 of them as defective. What...
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An office supply store adds a $2.50 markup to calculators and sells them for $9.95.
 
(a) What is the cost (in $) of the calculators?
 
(b)What is the percent markup based on cost? (Round your answer to the nearest tenth of a percent.)
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