Bill's Hardware marks up snow blowers $130 and sells them for $485. Markup is on cost. What are the cost and percent markup to the nearest hundredth percent?

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asked Jan 20, 2019 38.2k views

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Bill's Hardware marks up snow blowers $130 and sells them for $485. Markup is on cost. What are the cost and percent markup to the nearest hundredth percent?

Mathematics
college

Matthew Fedak asked

by Matthew Fedak

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The cost is $485 -130 = $355.

The markup is $130/$355 = 36.62%.

Tauren answered Jan 26, 2019

by Tauren

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