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A Nike Hoodie has a retail price of $99.00 and it costs the retailer $49.50. What is the mark-up Percentage?
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6 votes
6 votes
A Nike Hoodie has a retail price of $99.00 and it costs the retailer $49.50. What is the mark-up

Percentage?

User Hisham Muneer
by
3.1k points

1 Answer

8 votes
8 votes

Answer:

100%

Step-by-step explanation:

Mark-up is the difference between selling price and cost price

Selling price =$99.00

Cost price = $49.50

Mark up = $99- 49.50

=$49.50

As a percentage

= $49.50/$49.50 x 100

= 1 x 100

= 100%

User Anna Pawlicka
by
3.1k points
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