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36 votes
A book costs $1.49 and is sold in a retail store for $8.99. What is the percentage in mark up? *​

User Ian Haggerty
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1 Answer

22 votes
22 votes

Answer:

603.35%

Explanation:

Given that a book costs $ 1.49 and is sold in a retail store for $ 8.99, to determine what is the percentage in mark up, the following calculation must be performed:

1.49 = 100

8.99 = X

8.99 x 100 / 1.49 = X

899 / 1.49 = X

603.35 = X

Thus, the mark up percentage of the book is 603.35%, which implies an increase of more than 6 times its initial value.

User Danish Sodhi
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