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Randy sells hats for $12.35. The wholesale cost of each hat is $6.50. What is Randy's markup as a percent?

Randy sells hats for $12.35. The wholesale cost of each hat is $6.50. What is Randy's markup as a percent?
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Randy sells hats for $12.35. The wholesale cost of each hat is $6.50. What is Randy's markup as a percent?

User Stefan Henze
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7.8k points

1 Answer

6 votes
12.35-6.50=5.85/6.50=.90

so the answer is 90%
User Sebkkom
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8.2k points
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