at the grocery store avocados can be purchased in a package of 6 for 11.10. of they are purchased separately each avocado cost 2.40 what is the percent mark up when purchasing avocados individually

Sagot :

The percentage mark up when purchasing avocados individually is 77.08%

Data;

  • 6 avocado = 11.10
  • cost of 1 avocado = 2.40

Percentage Mark up

To find the percentage mark up of one avocado, let's find the price of one avocado in 6 package of avocado.

[tex]6 avo = 11.10\\1 avo = x\\x = \frac{11.10}{6} \\x = 1.85[/tex]

The percentage mark up can be calculated as

[tex]\% mark up = \frac{1.85}{2.40} * 100 = 77.08\%[/tex]

The percentage mark up when purchasing avocados individually is 77.08%

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