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The selling price of a table is $630. If the cost price was $428, what is the mark up amount?

User Ifeegoo
by
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2 Answers

4 votes

Answer:

The markup amount is 47%

Explanation:

to calculate a markup percentage, subtract the original price from the new price: 630-428=202

take that number and divide it by the original price: 202÷428=0.47

multiply that number by 100 (or move the decimal twice to the right) to find the percentage: 0.47×100=47%

I hope this helped you! :)

User Qwww
by
5.1k points
0 votes

Answer:

$202

Explanation:

User Zachiah
by
5.3k points