A specialty shop procures several hats for $5 apiece and offers them to customers for $11 each. What is the mark-up percentage? Write your answer using a percent sign (%).

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asked Oct 7, 2021 92.2k views

5 votes

A specialty shop procures several hats for $5 apiece and offers them to customers for $11

each. What is the mark-up percentage?
Write your answer using a percent sign (%).

Mathematics
high-school

EuRBamarth asked

by EuRBamarth

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1 Answer

1 vote

120%

$5 markup is 100%
$1 markup is 20%

So.....120%

Ariasa answered Oct 12, 2021

by Ariasa

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