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A store owner bought dog bowls for $6 and sold them for $8.10. What is the mark-up, as a percentage?

User Allen Rohner
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1 Answer

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26 votes

Answer:I am not fully going to do it for you, but here is the best way i can explain, it if not i am sorry.

Step-by-step explanation: Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.

User Eddie Kumar
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