Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Noah wants to buy a purebed golden retriever puppy that he sees for $499.By the time he goes to buy it, the price has increased to $599. Find the percent markup in the price of the puppy.

Noah Wants To Buy A Purebed Golden Retriever Puppy That He Sees For 499By The Time He Goes To Buy It The Price Has Increased To 599 Find The Percent Markup In T class=

Sagot :

499 - 100%
599 - x

x = 599*100/499 = 120.04
x-100% = 120.04-100 = 20.04

Answer: The price increased by 20%.

Answer: 20.04%


Step-by-step explanation:

Given: The current price of a purebed golden retriever puppy =$499

By, the time the new price price of a purebed golden retriever puppy = $599

The percent price mark up = [tex]\frac{New\ price-current\ price}{current\ price}\times100[/tex]

∴ the percent mark up= [tex]\frac{599-499}{499}\times100[/tex]

[tex]=\frac{100}{499}\times100=20.04\ %[/tex]

Hence, the percent markup in the price of the puppy = 20.04%