Ask Question
12 June, 03:12

the manager of a store orders cell phones thats cost $25 and sells them for $44. What is the mark-up, as a percentage?

+2
Answers (1)
  1. 12 June, 03:34
    0
    The mark-up in percentage is 76%.

    Step-by-step explanation:

    The given information are,

    The manager of a store orders cell phones that costs $25.

    Therefore, the cost price of the cell phone = $25

    He sells them at the cost of $44.

    Therefore, the selling price of the cell phone = $44.

    To find the profit the manager makes by selling the cell phone is calculated by the formula:

    Profit = Cost price - selling price.

    Profit = 44-25 ⇒ 19 dollars.

    The difference between cost price and selling price is $19.

    To find the percentage increase (mark-up value):

    Marked up = (Profit / cost price) * 100

    ⇒ (19/25) * 100

    ⇒ 76%

    Therefore, the mark-up in percentage is 76%.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “the manager of a store orders cell phones thats cost $25 and sells them for $44. What is the mark-up, as a percentage? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers