Question

A department store buys 300 shirts at a cost of ​$8,100 and sells them at a selling price of ​$30 each. Find the percent markup.

Answer 1

11.11%

Explanation:

C.P = $8,100

S.P =$30 ×300

=$9,000

Markup = $9000-$8100

=$900

% markup = 900/8100 × 100

=11.11%