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2 October, 16:48

A kindle costs $129.50 to make but Amazon sells it for $207.20 in order to make a profit. What is the percent that Amazon marked up this item?

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Answers (2)
  1. 2 October, 16:54
    0
    0.625

    Step-by-step explanation:

    turn it into a percentage
  2. 2 October, 17:02
    0
    This is an example of a percent change question. The formula to solve this type of question is (new price - old cost / new cost). Solve the formula with the given values. 207.20-129.50/129.50 → 77.70/129.50 → 0.6. Turn the decimal into a percentage by multiply 0.6 * 100%. This gives us 60%. So, Amazon marked up this item by 60%.

    ~Good Luck!
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