Question

What is the store paid $75 for a clarinet and sold it for $100 did the store mark up the price by 30% what the answer

Answer 1

Mark up = 33.33%

Explanation:

Given that:

buying price = $75

selling price = $100

First we will find the difference between two prices:

Difference = 100 - 75 = $25

We will find now that 25 is what percent of 75 so:

=25/75* 100

= 0.333333 * 100

= 33.33%

So the store marked the price by 33.33% instead of 30%

i hope it will help you!