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It costs Seth's socks $1.25 to produce each pair of socks. Seth's sells its socks for $4.00 per pair. What is the percent markup on the socks? A- 31.25% B- 68.75% C- 2…

It costs Seth's socks $1.25 to produce each pair of socks. Seth's sells its socks for $4.00 per pair. What is the percent markup on the socks? A- 31.25% B- 68.75% C- 2…
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It costs Seth's socks $1.25 to produce each pair of socks. Seth's sells its socks for $4.00 per pair. What is the percent markup on the socks?

A- 31.25%
B- 68.75%
C- 220%
D- 320%

User Cloudsurfin
by
7.2k points

1 Answer

5 votes

Answer:

4.00 - 1.25/1.25= 2.2 x 100 = 220

User Jonathan Leon
by
8.2k points
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