128k views
4 votes
The selling price of an item is $650 marked up from the wholesale cost of $450. Find the percent markup from wholesale cost to selling price.

Selling price-Markup=wholesale
$ -$ =$

Markup=percent markup x wholesale cost
= x
the percent is about

2 Answers

4 votes

Final answer:

To calculate the percent markup, subtract the wholesale cost from the selling price to find the markup amount, then divide this by the wholesale cost and multiply by 100. The markup is $200 and the percent markup is approximately 44.44%.

Step-by-step explanation:

To find the percent markup from wholesale cost to selling price, you first need to calculate the amount of the markup. The markup is the difference between the selling price and the wholesale cost.

To calculate the markup:

Markup = Selling Price - Wholesale Cost

Markup = $650 - $450

Markup = $200

Next, to find the percent markup, divide the markup by the wholesale cost and then multiply by 100 to convert it to a percentage.

Percent Markup = (Markup × 100) / Wholesale Cost

Percent Markup = ($200 × 100) / $450

Percent Markup = 20000 / 450

Percent Markup = 44.44%

Therefore, the percent markup from wholesale cost to selling price is approximately 44.44%.

User Adeem
by
8.3k points
5 votes

Answer: $650 + $450 divide it and then subtract it then it should be the answer X

Step-by-step explanation: answer

User JFreeman
by
8.0k points