Question

Mr. Daton purchased men't sports
coats for $80 each and sold them for $158 each. Find the markup on retail to the nearest whole percent.

Answer 1

the percentage is \[percentage=\frac{(158 - 80)}{80} \times 100 \]

Answer 2

Thank you so much! :)

Answer 3

@campbell_st
The answer isn't coming out right for some reason.. It is supposed to be 49%.

Answer 4

oops I gave you mark up on cost.

For markup on retail

markup = retail price - cost price
= 158 - 80
= $78

percentage = 78/158 * 100 = 49.3%