Walgreens Drugstores Buys a Bottle of Shampoo from a Wholesaler

question 228

Multiple Choice

Walgreens Drugstores buys a bottle of shampoo from a wholesaler for $3.25 and then places it on a shelf with a price tag of $4.64.What is Walgreens' markup on selling price (expressed as a percentage) ?

• A)20 percent
• B)26 percent
• C)30 percent
• D)43 percent
• E)48 percent

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