Question

A golf store purchases a set of clubs at a wholesale price of $250. Mr. Edmond learned that the clubs were marked up 200%. Is it possible to have a percent increase greater than 100%? What is the retail price of the clubs?

please help a girl out.

Answer 1

Yes it is possible to have an increase of 100%.

Retail price is 83.4$

Explanation:

250 = x + (200% of x)

250 = 300% of x

so basically 250$ = 3x

250/3 = 83.3333334

So you can round it to $83.4

Hope this helps. I'm not entirely sure this is true but I hope it is.