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1. A store buys denim jeans at a wholesale price of $18.00 and sells them for $30.00. What was the percentage markup on the jeans?
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Dec 10, 2019
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1. A store buys denim jeans at a wholesale price of $18.00 and sells them for $30.00. What was the percentage markup on the jeans?
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To find percent change, we use the formula (Amount of Change)/(Original Amount). The amount of change in this scenario is $12, and the original amount is $18. Using the formula, we get 12/18 ≈ 67%.
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Hope this helps!
Jregnauld
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Dec 14, 2019
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