The snack bar at the school purchases water bottles at wholesale and then marks them up to make a profit. It marks up the water bottles by 33 and one-third percent, an amount of $0.28.
Percents
Total
33One-third%
33One-third%
33One-third%
100%
$0.28
$0.28
$0.28
What was the wholesale price of each water bottle?
$0.56
$0.84
$0.93
$1.12
