Mrs. delgado managed a bookstore. the bookstore buys a book for 20$. she marked up the price by 25% to sell it in her store. what was the price of the book in her store

Price of the book in her store is $ 25

Solution:

Given that, The bookstore buys a book for 20$

She marked up the price by 25% to sell it in her store

To find: Price of book in her store

From given,

Cost price = $ 20

Markup rate = 25 %

Which means, 25 % of $ 20 is markup price

Thus markup price is $ 5

Price of the book in her store = cost price + markup price

Price of the book in her store = 20 + 5 = 25

Thus Price of the book in her store is $ 25

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c

step-by-step explanation: