mintolanding57 mintolanding57
  • 15-04-2024
  • Mathematics
contestada

Goods costing $385.00 sold for $519.75 What was the % markup on cost.

Respuesta :

brownellglennda brownellglennda
  • 15-04-2024

Answer:

35% markup percentage

Step-by-step explanation:

In order to find the markup percentage we must find the profit by subtracting the sale price from the cost price.

519.75 - 385 = 134.75

134.75 is our profit. Now that we have our profit we will divide our profit by our cost price to find the markup percentage

134.75 / 385 = .35 = 35%

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