Question

The owner of an audio store received a shipment of portable stereos at a cost of $102.30 each. If he sells the stereos for $181.99 each, what is the percent of markup? Round to the nearest whole percent.
8%
44%
78%
80%
Thanks <3 ;)

Answer 1

Find the difference of the two prices and divide by the original price.

Answer 2

Any kind of percent increase or decrease is (final - initial) ÷ initial.

Answer 3

do i do 181.99 - 102.30 = 79.69

Answer 4

Yes, then divide that by 102.30

Answer 5

79.69 / 102.30 = 0.778983382

Answer 6

Round it off and you're done.

Answer 7

78% wow :D

Answer 8

Make sense?

Answer 9

yes thank you!!!

Answer 10

:)