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A retailer wants to sell 200 electronic toys at its after Christmas sale. The toys cost the store $15 each. The store's overhead related to the toys is $5,000. Before Christmas the toys sold for $55 each. What markup was earned on each toy that sold at the pre-Christmas price?

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A retailer wants to sell 200 electronic toys at its after Christmas sale. The toys cost the store $15 each. The store's overhead related to the toys is $5,000. Before Christmas the toys sold for $55 each. What markup was earned on each toy that sold at the pre-Christmas price?






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