Question

A department store buys 100 shirts at a cost of ​$2700 and sells them at a selling price of ​$30 each. Find the percent markup.

Answer 1

300 profit

Explanation:

Answer 2

11.1%

Explanation:

buy 100 shirts at 2700

each shirt = 2700/100 = $27

sell at $30 each

mark up = (30-27)/27 = 3/27 = 1/9 = 11.1%