# What is the formula to find the markup percent of an item if for example the item is based 700 and you sell it for 3500?

##### 1 Answer

Jan 4, 2017

#### Answer:

The formula for a rate change or markup percent is:

#### Explanation:

The formula for a rate change or markup percent is:

Where:

Solve for this problem gives:

There is a 400% mark up.