Question

Mr. Daton purchased men's coats for $80 each and sold them for $158 each. Find the markup on the retail to the nearest whole percent.

Answer 1

49.3%

Answer 2

So 49%

Answer 3

How did you come to that answer?

Answer 4

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

percentage = 78/158 * 100 = 49.3%

Answer 5

Understand?

Answer 6

Let me work through it on paper right quick and make sure

Answer 7

ok

Answer 8

Yes, I see now. Thank you so much for your help!!

Answer 9

No problem!!!