Question

A pair of Sneakers cost $112 after it was marked up by 75%. How much

did it cost before the mark up?

Answer 1

i believe the answer would be $448

Explanation:

hopefully this helps :)

have a nice day !!

**please let me know if this was wrong**

Answer 2

Question

A pair of Sneakers cost $112 after it was marked up by 75%. How much

did it cost before the mark-up?

Answer

Divide the gross profit by the cost and multiply by 100 to calculate your percentage markup. In the example, divide $75 by $100 which equals $0.75, and multiply by 100 to give you 75 percent. Your markup on cost price is 75 percent.

Therefore, the answer would be (196)