One wooden boat costs you $12.00 in supplies. You will be marking the price up by 20% on this. How much will each toy cost when you place the price on your site and how much in profit will you earn?
Do the same as your other question:
$12 x 1.20 =$14.40 - sale price after 20% markup.
$14.40 - $12.00 =$2.40 - profit on each wooden boat.