Question

Matt purchases a cloth masks for $2.45. He decorates them and then sells them for $4.41. What was the percent markup that Matt used on the cloth masks?​

Answer 1

Answer; 80%

Explanation below;

Answer 2

Equation;

(Selling price - cost price)
______________________
Cost price

With added values;

($4.41-$2.45)
_____________ = 0.8
$2.45

0.8 as a percentage = 80%