A store employee creates a display of sleds priced at $40 apiece. The store paid $32 for each sled. What is the mark-up percentage

Mark-up percentage is 25%.

Step-by-step explanation:

From the question, the store bought each sled at $32 which is the cost price. The sled was display for sale at $40 apiece.

Mark-up percentage = x 100%

But,

selling price - cost price = $40 - $32

                                        = $8

So that,

Mark-up percentage = x 100%

                                  = 0.25 x 100%

                                  = 25%

Therefore, the mark-up percentage is 25%.

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step-by-step explanation: