Walgreens Drugstores buys a bottle of shampoo from a wholesaler for $3.00 and then places it on a shelf with a price tag of $5.00. What is Walgreens' markup on selling price (expressed as a percent)?

Walgreens Drugstores buys a bottle of shampoo from a wholesaler for $3.00 and then places it on a shelf with a price tag of $5.00. What is Walgreens' markup on selling price (expressed as a percent)?

Walgreens Drugstores buys a bottle of shampoo from a wholesaler for $3.00 and then places it on a shelf with a price tag of $5.00. What is Walgreens' markup on selling price (expressed as a percent)?



A. 20 percent

B. 25 percent

C. 40 percent

D. 66 percent

E. 75 percent



Answer: C


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