Question

Karlyn had an online business selling earrings. The materials to make a pair of earrings cost $15.00. Since it took her an hour to make each pair of earrings, she wanted to markup the price by $35 for her time and sell them for $50.00. What is the % markup for that pair of earrings?

Answer 1

The markup would be 133.33%

30is 200% of 15

5 is 33.33333333% of 15

33.33333333%+100+=133.33333333%

The markup is 133.33% or 133.33333333%