Answer:
initial markup = selling price - cost price
80/12 = 6.67
then
IM = 7 - 6.67
IM = 0.33
or
12× 7 = 84
84 - 80 = 4
but we are looking for the mark up for each egg so we divide 4 by 12
4/12 = 0.33
the answer is the same
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Answers & Comments
Answer:
initial markup = selling price - cost price
80/12 = 6.67
then
IM = 7 - 6.67
IM = 0.33
or
12× 7 = 84
then
84 - 80 = 4
but we are looking for the mark up for each egg so we divide 4 by 12
4/12 = 0.33
the answer is the same