patole2112
Answered

Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

An entrepreneur buys some microscopes. Each one cost $200 and resells online for $526. What is the mark-up percentage?
Please solve quickly.

Sagot :

Answer:

326

Step-by-step explanation:

Given: Microscopes. Each one costs $200 and resells online for $526.

To find: What is the mark-up percentage?

Solution: Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage.

[tex]526 - 200 = 326[/tex]

Net Profit Margin = 61.98%

Net Profit = $326.00

Profit Percentage = 163.00%

Find more here: https://brainly.com/question/23345732

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.