Question

Suppose that the ingredients for a large bucket of popcorn cost a movie theater 80 cents

to buy. If the theater charges $9 for the bucket, what is the percent markup? Give your
answer as a percent rounded to the nearest whole percent.

Answer 1

The percent markup is 91%.

1. find the amount of profit per large bucket of popcorn

9 - 0.8 = $8.2

2 divide the amount of profit per large bucket of popcorn by the cost of a large bucket of popcorn

8.2 / 9 = 91%

Answer 2

The percent markup is 91%.

Explanation:

1. find the amount of profit per large bucket of popcorn

9 - 0.8 = $8.2

2. divide the amount of profit per large bucket of popcorn by the cost of a large bucket of popcorn

8.2 / 9 = 91%