Question

Shoes Galore sells a red pair of sneakers for $78. If the cost of the shoes is $24 , how much is the markup rate ?

PLEASE HELP !!!

Answer 1

225%

Explanation:

Find the difference between the two prices, then divide it by the original price:

78 - 24 = 54

54/24

= 2.25

So, the markup rate is 225%