Question

A $64 item is marked up to $80. Find the percent markup.

Answer 1

The correct answer is78.08

Answer 2

The Markup was by 25%

Explanation:

The answer is 25% because 25% of 64 is 16

25% * 64 = 16

64 + 16 = 80

So, the price markup was by 25%

Hope this helps! :)