It cost Christina $2 for the materials to make bracelet that she plans to sell. She sells each bracelet for $7. What is her percent increase in price (also known as percent mark-up)?

1 Answer
Dec 13, 2016

#250%# profit

Explanation:

To calculate any change as a percent - whether it is an increase, decrease, profit, loss. markup - you can use the same method.

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

The amount of change is the difference between the start and the end.

Change = #$7 - $2 = $5#

% Change = #5/2 xx 100%#

=#250%# profit