Question

At outdoor Adventures Clothing Company, all items are marked up to maximize profit. Life preservers cost $23 to buy from the manufacturer. They sell for $35. What is the percent increase on life preservers, to the nearest whole percent?

Answer 1

Hey there!

35-23/23= 12/23=

.52

52% increase

Hope this helps!

Answer 2

Percent increase on life preservers = 52 %

Explanation:

Here we need to find the percent increase on life preservers, to the nearest whole percent.

`\texttt{Percent increase on life preservers=}\frac{\texttt{Selling value- Cost}}{\texttt{Cost}}* 100\\\\\texttt{Percent increase on life preservers =}(35-23)/(23)* 100\\\\\texttt{Percent increase on life preservers =}(12)/(23)* 100\\\\\texttt{Percent increase on life preservers =}52.17\%`

Percent increase on life preservers = 52.17 % = 52 %

Percent increase on life preservers = 52 %