How Does the Bookstore Price Textbooks?
We markup new textbooks 33% over the cost which reflects a 25% gross margin.
Used textbooks are marked at a 25% discount from the new price.
We try to buy used books from students for half of the new book price whether the student originally bought the book new or used. For example, a student who bought Larson College Algebra used for$81.60 will receive $54.40 for their book at buyback. Their total cost for the College Algebra text ends up being $27.20.