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Camille Royce sells lamps for $88.50 that cost $59. What is Camille’s percent markup on selling price? Round to nearest hundredth percent.
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selling price = 88.50 buying price = 59 markup is the difference = (88.50 -59) So the markup is 29.50 dollar you need percent markup on selling price so you need the markup expressed as a percentage of the selling price That is the markup divided by the sellingprice, and the outcome multiplied by 100
Camille’s percent markup on selling price is therefore 100*29.50/88.50 = 33.33% rounded to the nearest hundredth of a percent
@alison0202
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