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The retail price of a snowblower is $617.40. The wholesale price was 420.00. What is the percent markup?
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The retail price of a snowblower is $617.40. The wholesale price was 420.00. What is the percent markup?

User Tolik Kukul
by
5.3k points

1 Answer

4 votes

Find the difference between the two prices:

617.40 - 420 = 197.40

Now divide the difference by the wholesale price:

197.40 / 420 = 0.47 = 47% markup.

User Kishan Radadiya
by
5.1k points
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