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A pair of Sneakers cost $112 after it was marked up by 75%. How much
did it cost before the mark up?


Sagot :

Question

A pair of Sneakers cost $112 after it was marked up by 75%. How much

did it cost before the mark-up?

Answer

Divide the gross profit by the cost and multiply by 100 to calculate your percentage markup. In the example, divide $75 by $100 which equals $0.75, and multiply by 100 to give you 75 percent. Your markup on cost price is 75 percent.

Therefore, the answer would be (196)

Answer:

i believe the answer would be $448

Step-by-step explanation:

hopefully this helps :)

have a nice day !!

**please let me know if this was wrong**