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26 April, 22:01

Christian's mom works at the concession stand during sporting events. She told him they buy candy bars for $0.75 each and mark them up 40% to sell at the concession stand. What is the amount of the markup? How much does the concession stand charge for each candy bar?

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  1. 26 April, 22:57
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    Answer: $0.3; $1.05

    Step-by-step explanation:

    Price of candy = $0.75

    Mark up = 40% = 40/100 = 0.4

    (a) Amount of the markup = Price * Mark up percent = $0.75 * 0.4 = $0.3

    (b) Amount charged by the concession stand for each candy bar will be:

    Price of candy + Mark up amount

    = $0.75 + $0.30

    = $1.05
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