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A department store buys a 100 shirts at the cost of $2,700 and sells them at a selling price of $30 each find the percent mark up

2 Answers

10 votes

Answer:

The percent markup is 11% and that is your answer

Explanation:

your welcome

User Washington Botelho
by
4.9k points
7 votes

Explanation:

solution

given

the cost of 100 shirts = $2700

sp = $30

the cost of 1 shirt in $2700 = 100/$2700 =per piece $27

then it is profit

again

let cp be x

profit percent= profit ÷ cp × 100%

profit percent= 3÷x× 100 = 300÷ x

x = 300

cp = x=300

User AGupta
by
4.2k points