angtrap7494 angtrap7494
  • 23-11-2021
  • Business
contestada

A store manager paid $181 for an item and set the selling price at $253.40. What was the percent markup

Respuesta :

abiolataiwo2015
abiolataiwo2015 abiolataiwo2015
  • 01-12-2021

Based on the information given the percent markup is 40%.

Using this Formula

Percent markup=(New price-Old price)/Old price

Where:

New price=$253.40

Old price=$181

Let plug in the formula

Percent markup=( $253.40-$181)/$181

Percent markup=$72.4/$181

Percent markup=0.4 ×100

Percent markup= 40%

Inconclusion the percent markup is 40%.

Learn more here:https://brainly.com/question/13011865

Answer Link

Otras preguntas

What does the e stand for in Emc squared
A canceled US Treasury check for the purchase of Alaska is an example of which of the following
Which is a better deal on a $50 item: 45% off original price or 30% off, plus an additional 20% off at the register? Your answer must include your math calculat
A chemist measures the amount of fluorine gas produced during an experiment. she finds that 76.9 g of fluorine gas is produced. calculate the number of moles of
If you turn off system protection on a disk, windows ____ the restore points that are on your computer.
the sum of two numbers is 120. Four times the larger divided by twice the smaller is thirty-four.
What faq will tell you what turbotax advantage is? article id: gen12545 article id: gen12560 article id: gen12535 article id: gen12504?
Si alguien es bueno en matemáticas, debe pensar en la carrera de _____.
Find the indicated sum. Show your work. =(-12)+(13)+(-14)+(15)=2
91 less than the quotient of 12 and y algebraic expression