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25 December, 05:33

If an article costs a store $7.45 and if it sells the article for $9.95, what percentage (to the nearest tenth) markup is it using?

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Answers (2)
  1. 25 December, 05:41
    0
    Given:

    cost = 7.45

    selling price = 9.95

    9.95 - 7.45 = 2.50 mark up

    2.50 / 7.45 = 0.3355

    0.3355 * 100% = 33.55% or 33.6% is the percentage of mark up to the nearest tenth.
  2. 25 December, 05:41
    0
    The difference is 9.95 - 7.45 = 2.5

    That represents (2.5/7.45) * 100% = 33,6%.
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