A store pays a supplier $8.00 for a calculator. The store sells the calculator for $13.00. What is the markup rate? *Round to the nearest tenth if necessary.
13-8 is $5 difference So the mark up is the $5 from the $8 So 100%=8 And ?%=13 So just looking the mark up should be around 60% because 5 is a little bit more than half of 8 So to find the actual markup, divide 5 by 8 = 0.625 Which is 62.5% So 8=100% 13=162.5% 5=62.5% which is the mark up. Good luck Brainliest would be greatly appreciated