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

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Chris Nash asked Sep 6, 2022

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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

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17 votes

60% would be the correct answer.

Paul Evans answered Sep 8, 2022

by Paul Evans

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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

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