The Annapolis Rotary Club sells hot dogs for $1.95 each at the annual Annapolis Fall Fair. The

Question:

The Annapolis Rotary Club sells hot dogs for $1.95 each at the annual Annapolis Fall Fair. The Rotary Club buys wieners at $3.95 per package of 10 wieners, and hot dog buns at $2.90 per dozen. It costs $78 for enough condiments for 1000 hot dogs. What are the Rotary Club’s rate of markup on selling price and rate of markup on cost of the hot dogs?