250,145 views
21 votes
21 votes
Find the percent of Markup: The price changed from $12 to $15.

User Dan Loughney
by
2.7k points

1 Answer

14 votes
14 votes

Percentage Mark -up =


=\frac{new\text{ value -old value}}{\text{old value}}*100percent
=\frac{15\text{ - 12}}{12}*100percent
=(3)/(12)*100percent
=(1)/(4)*100\text{ percent}

= 25%

User Shane Scott
by
3.1k points