Question

Fantasy N fun sells gaming cards for 9.99 but they pay only 6.75 per card.what is the percent markup

Answer 1

Answer: So, By 48% cost price is marked up.

Step-by-step explanation:

Since we have given that

Selling price of gaming cards = 9.99 per card

Cost price of gaming cards = 6.75 per card

Percentage that mark up the cost price by

`(9.99-6.75)/(6.75)* 100\\\\(3.24)/(6.75)* 100\\\\=(324)/(6.75)\\\\=48\%`

So, By 48% cost price is marked up.