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A merchant buys a television for $125 and sells it for $75 more.What is the percent of markup?
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A merchant buys a television for $125 and sells it for $75 more.What is the percent of markup?
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Jul 14, 2018
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A merchant buys a television for $125 and sells it for $75 more.What is the percent of markup?
Mathematics
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Futbolpal
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Since he sold it for $75 more,
% Mark Up = Mark Up/ Cost Price x 100%
% Mark Up = 75 / 125 x 100% = 0.6 x 100% = 60%
Percent Mark Up = 60%
Hope this helps :)
Pcrost
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Jul 20, 2018
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