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Leon builds wooden picnic tables it cost Leon $80 to build one picnic table he plans to sell the table for $120 per table by what percentage is Leon marking up the price of each table
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29 votes
29 votes
Leon builds wooden picnic tables it cost Leon $80 to build one picnic table he plans to sell the table for $120 per table by what percentage is Leon marking up the price of each table

User Tiago Veloso
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16 votes
16 votes

\begin{gathered} (120)/(80)=1.5 \\ \\ 1.5\text{ corresponds to 150\% of \$80, thus, since 80 is 100\%, the percentage leon is making up the price} \\ \text{ is 50\%} \end{gathered}

The percentage leon is making up the prrice is 50%

User Moonlit
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