A merchant buys a television for $125 and sells it for a retail price of $200. What is the markup?

1 Answer
Nov 9, 2016

Answer:

The markup of #$75# is a #60%# increase.

Explanation:

To calculate any percent change (which is what I assume you are asking here?), the method is:

#% "change" = "amount of change"/"original amount" xx 100%#

The actual mark up from #$125 to $200# is simply the difference:

Markup = #$200-$125 = $75#

the percent markup is :

#75/125 xx100%#

#=60%#