The Computer Service Center sells a DeskJet print cartridge for $37.50. If the print car- tridge costs the store $22.50, find the markup as a percent of selling price. [8.2]

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 1C
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14. The Computer Service Center sells a DeskJet print cartridge for $37.50. If the print car-
tridge costs the store $22.50, find the markup as a percent of selling price. [8.2]
Transcribed Image Text:14. The Computer Service Center sells a DeskJet print cartridge for $37.50. If the print car- tridge costs the store $22.50, find the markup as a percent of selling price. [8.2]
Expert Solution
Step 1

The selling price of an item is the sum of the cost and the markup. Find the markup by subtracting the cost from the selling price.

Let the selling price be S, the cost be C and the markup be M.

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