patole2112
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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%

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