Question

An entrepreneur buys some crystal vases. Each one costs $290 and resells online for $348. What is the mark-up percentage? Write your answer using a percent sign (%).

Answer 1

85%

Explanation:

To find the answer you need to find what percent of 348 is 290. To do this use these steps:

First divide 290 by 348 (never the other way around)

290/348=0.83

Then you multiply that decimal (0.83) by 100

0.83x100 =83

then just add a % at the end:

85%