Question

The cost of a suitcase is $62.50, and the selling price is $88. Find the percent of markup on selling price.

A. 41%

B. 70%

C.29%

D.14%

Answer 1

The answer is c) 29%

Answer 2

$88-$62.50 =$25.50
25.5/62.5=.408
.408x100%=40.8
Round 40.8% to 41%
Answer is A