Pharmacy Markup Percentage Calculation
To calculate the markup percentage for 2 bottles of Jublia 10% solution, we need to determine the difference between the selling price and the cost, and then divide that difference by the cost. In this case, the pharmacy's cost for 2 bottles is $698, and the selling price for 2 bottles is $849.
The first step is to calculate the difference between the selling price and the cost. So we subtract the cost from the selling price: $849 - $698 = $151.
Next, we divide the difference ($151) by the cost ($698) to get the markup percentage. $151 / $698 ≈ 0.216.
To convert this to a percentage, we multiply by 100. 0.216 * 100 = 21.6%. Therefore, the markup percentage for 2 bottles of Jublia 10% solution is 21.6%.