Ask Question
26 April, 09:34

If an article costs a store $17.45 and if it sells the article for $22.95, what percentage markup is it using?

+3
Answers (1)
  1. 26 April, 09:37
    0
    1.) Sales Price - Original Cost / Sales Price * 100 = Percentage Markup

    2.) Now substitute the values:

    Sales Price - Original Cost / Sales Price * 100 = Percentage Markup

    $22.95 - $17.45 / $22.95 * 100 = Percentage Markup

    $5.5 / 22.95 * 100 = Percentage Markup

    ...2397 * 100 = 23.97%

    3.) Therefore, the store uses 23.97% as Percentage Markup
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If an article costs a store $17.45 and if it sells the article for $22.95, what percentage markup is it using? ...” 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