sherrydumanew sherrydumanew

02-11-2020
Business

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For the same example as (1), what is the markup if the price is $89 and the cost is $72? Please round your answer to the nearest tenth of a percent

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Samawati Samawati

03-11-2020

Answer:

23.6%

Explanation:

The price is $89

The cost is $72

mark-up in dollars price -cost

= $89-72

=$17

As a percentage

=$17/72 x 100

=0.23611 x 100

=23.6 %

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