Question: Keelah clothing store buys coats for $50 and then sells them for $80. What is the present of mark up on the price of the coat?
Answer: she added 30$ or 60 percent
question answered by
(jacemorris04)
Hi There!
Question:
Keelah clothing store buys coats for $50 and then sells them for $80. What is the present of mark up on the price of the coat?
We Know:
Buy $50 clothes from a store.
Sells them for $80 in her own store.
Find:
Percent Mark Up
Solution:
80 - 50 = $30 mark up price.
30 = 0.3
0.3 / 50 = 0.6
0.6 = 60% mark up percentage.
Answer:
She raised the price by $30 (60%).
Hope This Helps :)