153k views
1 vote
Leon builds wooden picnic tables it cost Leon $80 to build one picnic table he plans to sell the table for $120 per table by what percentage is Leon marking up the price of each table

User Steephen
by
4.1k points

1 Answer

1 vote

\begin{gathered} (120)/(80)=1.5 \\ \\ 1.5\text{ corresponds to 150\% of \$80, thus, since 80 is 100\%, the percentage leon is making up the price} \\ \text{ is 50\%} \end{gathered}

The percentage leon is making up the prrice is 50%

User David Millar
by
4.4k points