The store bought a pair of shoes for $50, and sold it for $80. What percentage was the markup?

QAmmunity.org

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Chris Nash asked Sep 6, 2022

22,789 views

8 votes

The store bought a pair of shoes for $50, and sold it for $80. What percentage was the markup?

Mathematics
high-school

Chris Nash asked Sep 6, 2022

by Chris Nash

2.9k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

2 Answers

17 votes

60% would be the correct answer.

Paul Evans answered Sep 8, 2022

by Paul Evans

2.8k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

23 votes

Answer:

Explanation:

profit=S.P.-C.P=80-50=30

Profit or percentage markup=30/50×100=60%

Doochz answered Sep 10, 2022

by Doochz

2.7k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

2 Answers

0 Comments

Your comment on this answer:

0 Comments

Your comment on this answer:

Other Questions