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OpenStudy (anonymous):
A store owner wants a markup of 25% on the selling price of good. If the selling price is $8.99 per dozen donuts, what is the most the store owner should pay per dozen?
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OpenStudy (anonymous):
Is it $2.25??
OpenStudy (anonymous):
no
OpenStudy (anonymous):
to increase a number by \(25\%\) multiply it by \(100\%+25\%=125\%=1.25\) you know \[1.25C=8.99\] solve for \(C\) by computing \[8.99\div 1.25\]
OpenStudy (anonymous):
So $7.19?
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