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Wholesale price: $12 Retail price: $20 Markup on retail: ?

Mathematics
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Any ideas?
Well i think that you first subtract 12 from 20 and then get 8
OH and then do you take 8 divided by 20?

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Other answers:

I think I answered my own question! lol :D Thank you for the help! :D
Yes, you are correct: $8 is what the mark up is :D
so then you will get .4 after dividing 8 by 20 and then you multiply that by 100 to get the percent 40% :)
oh.. :) So what I have is wrong? This is the answer i have in my book. :)
Nothing, I'm wrong.
Oh that is ok. :) Thank you! :D
Thanks for trying :D

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