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Sean bought h IU s house at $ 200,.000 two.years ago. He is now selling it for $267,000. What is the percent mark up?

User Brandon Cook
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1 Answer

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6 votes

Sean bought h IU s house at $ 200,.000 two.years ago. He is now selling it for $267,000. What is the percent mark up?​

we have that

$ 200,.000 -------> represent the 100%

so

Applying proportion

Find out how much percentage represent the difference (267,000-200,000)

100/200,000=x/67,000

solve for x

x=(100/200,000)*67,000

x=33.5 %

therefore

the answer is 33.5%

User Wenbing Li
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