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Keelah’s Clothing Store buys coats for $50 and then sells them for $80. What is the percent of mark up on the price of the coat?
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Keelah’s Clothing Store buys coats for $50 and then sells them for $80. What is the percent of mark up on the price of the coat?

User Gary Elliott
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1 Answer

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Mark up % = gross profit over cost of sales time 100 (80-50)/50 x 100 = 60% mark up
User Xukrao
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