hesinyourbed hesinyourbed

18-12-2020
Mathematics

contestada

Please help !!
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Omar buys stuffed animals for $4 each. He sells them for $7 each. Is this a markup of markdown situation? What is the percent profit?

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mrjellysquid mrjellysquid

18-12-2020

Answer:

This is a markup situation, since the price increased. The percent of profit would be 75% because 7-4=3, 3/4 = 75%

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