Question

A store employee notices that rowboats that cost his store 79$ are being sold for 175$. What percentage is the mark up?

Answer 1

Explanation:

Step 1. Determine the dollar amount of the markup

175 - 79 = 96

Step 2: Divide the markup Amount by the Cost

96/79 = 1.215

Step 3: Multiply by 100 and add the % sign

1.215 x 100 = 121.5%