Answered

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Find the percent of markup on a T-shirt that has a store cost of $4.87 and a selling price of $15.95

Sagot :

abiolataiwo2015

Answer:

69.47%

Step-by-step explanation:

Calculation to determine Find the percent of markup

Using this formula

Percent of markup=New price-Old price/Old price

Let plug in the formula

Percent of markup=$15.95-$4.87/$15.95

Percent of markup=$11.08/$15.95

Percent of markup=0.6947*100

Percent of markup=69.47%

Therefore the percent of markup is 69.47%

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