Ask Question
8 November, 23:25

a toy store orders jigsaw puzzles for 3 and sells them for 4.50, what is the percent of markup? Round your answer to the nearest tenth of a percent, if necessary a) 20% b) 33.3% c) 50% d) 66.7

+2
Answers (1)
  1. 8 November, 23:35
    0
    C

    Step-by-step explanation:

    THe markup is the difference between the Selling Price and Cost.

    As a percentage, we would get the markup in terms of cost.

    First,

    Selling Price = 4.50

    Cost = 3.00

    So,

    Markup = SP - Cost = 4.50 - 3.00 = 1.50

    As a percentage, we would divide the markup by cost and then multiply the answer by 100. That's:

    1.50/3 = 0.5 * 100 = 50%

    THe markup is 50%

    C is the correct answer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “a toy store orders jigsaw puzzles for 3 and sells them for 4.50, what is the percent of markup? Round your answer to the nearest tenth of a ...” 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