The cost of an article is $6.90 and the selling price is $11.04. What is the percent markup?
2 Answers
Jul 15, 2017
Explanation:
Jul 15, 2017
You can do this by equivalent fractions
Explanation:
If we call the cost 100% then the difference between selling price and cost is the markup.
Markup
Note:
Another way is to take the difference as a percentage of the cost:
Markup