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Starr buys Converse shoes from the manufacturer for $25.50 a pair, she sells them for $38.50, what percent is she marking them up? PLEASE ANSWER
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2 votes
Starr buys Converse shoes from the

manufacturer for $25.50 a pair, she
sells them for $38.50, what percent is
she marking them up?

PLEASE ANSWER

User Azro
by
8.3k points

1 Answer

3 votes

Answer:

  • ≈ 51%

Explanation:

  • Cost = $25.50
  • Selling for = $38.50

Profit

  • $38.50 - $25.50 = $13

Profit%:

  • 13/25.50*100% ≈ 51%
User Grandnasty
by
8.3k points
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