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Keelahs clothing store buys coats for $50 and then sells them for $80. What is the percent markup on the price of the coat.

Keelahs clothing store buys coats for $50 and then sells them for $80. What is the percent markup on the price of the coat.
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3 votes
Keelahs clothing store buys coats for $50 and then sells them for $80. What is the percent markup on the price of the coat.

User Doctorram
by
7.6k points

2 Answers

3 votes
The percent markup
(80-50)/50 x 100%
=60%
User Akshay I
by
7.4k points
2 votes

The percent markup is 60%

Work is attached in the image provided.

Keelahs clothing store buys coats for $50 and then sells them for $80. What is the-example-1
User Gromiczek
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8.3k points
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