[tex] \mathbb{ \ \underline{ \: \: ANSWER : }}[/tex]
1. Find the percent markup.
Markup ($) = percent markup (%) x original cost ($)
A computer store buys a laptop for $635 directly from the manufacturer (Dell). The markup is $570. What is the percent markup on the computer?
The percent markup is: 90 %
[tex] \mathbb{ \ \underline{ \: \: SOLUTION : }}[/tex]
FORMULA: Percent of Markup = Markup/Cost x 100
- = $570/$635 x 100
- = 0.90 x 100
- = 90%
