Question

Glitters jewelry store marks up it's prices to maximize its profits , a bracelet in their store cost $240 . the original cost of this item was $120 . what is the percent increase for the bracelet

Answer 1

The percent increase for the bracelet is 100%.

Step-by-step explanation:

To calculate the percent increase for the bracelet, we need to find the difference between the original cost and the final cost, and then divide that by the original cost and multiply by 100. In this case, the difference is $240 - $120 = $120. Dividing $120 by $120 gives us 1. Multiplying 1 by 100 gives us 100%. Therefore, the percent increase for the bracelet is 100%.