The markup on desserts in a restaurant is 70% of the menu price. The restaurant is adding key lime pie to its dessert list. The cost to the restaurant works out to $1.25 per slice. Determine:
The menu price of the pie b. The rate of markup on cost

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The Answer of The markup on desserts in a restaurant is 70% of the menu price. The restaurant is adding key lime pie to its dessert list. The cost to the restaurant works out to $1.25 per slice. Determine:
The menu price of the pie b. The rate of markup on cost

The Markup on Desserts in a Restaurant Is 70% of the Menu