Answer:
Explanation:
Here's the complete question:
It cost Nike $55.00 to make the Kyrie 5, but it is selling for $130.19. Calculate the markup/percent Increase for the shoe. On Amazon, you found the same shoe for $108. What is the percent difference between the price of the original shoe and the price of the amazon shoe
The percentage Increase of the shoe will be:
= Selling price - Cost/ Cost × 100
= (130.19 - 55.00) / 55.00 × 100
= 75.19 / 55.00 × 100
= 136.71%
The percent difference between the price of the original shoe and the price of the amazon shoe will be:
= (130.19 - 108)/130.19 × 100
= (22.19 / 130.19) × 100
= 17%