Question

A department store buys 500 shirts at a cost of $9,000 and sells them at a selling price of $20 each. Find the percent markup. ​

Answer 1

10% markup

Explanation:

500 x 20 = 10000

10000 - 9000 = 1000

1000/10000 = 10

10% markup

Answer 2

Answer: The answer is 11%

Explanation:

1) 500*20-9000= 1000

2) $1000/$9000× 100%

= 0.111111111

3) answer = 11%

Hey, everyone! I had this problem too and I tried doing 10% but that's NOT the answer, 11% IS!!