Jublia 10% Solution Markup Calculation

What is the markup percent for 2 bottles of Jublia 10% solution given the pharmacy's cost and selling price? The markup percent for the Jublia 10% solution is approximately 21.63%.

When calculating the markup percent for 2 bottles of Jublia 10% solution, we need to consider the pharmacy's cost and selling price. The cost of 2 bottles of Jublia 10% solution is $698, while the selling price for the same quantity is $849.

To find the markup percent, we first calculate the markup amount by subtracting the cost from the selling price. In this case, the markup amount is $849 - $698, which equals $151.

Next, to determine the markup percentage, we divide the markup amount ($151) by the pharmacy's cost ($698) and then multiply by 100 to convert it into a percentage. This calculation gives us a markup percent of approximately 21.63%.

Therefore, the markup percent for 2 bottles of Jublia 10% solution is calculated to be around 21.63%. This means that the pharmacy is selling the product at a price that is approximately 21.63% higher than its cost.

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