Question

You have created an Emerald ring that cost you $35 to make but you are selling it for $120. What would be the percent markup for this item?

Answer 1

=242.857 percent

Explanation:

markup = (new- original)/ original * 100

markup = (120-35)/35 * 100

markup = (85)/35 * 100

=2.42857 * 100

=242.857 percent