Find the percent of markup. Round to the nearest tenth. $35.50 to $70.00 a.12.2% b.94.7% c.34.5% d.97.2%
which one do you think it is?
idk how to do it
@AnswerMyQuestions
nobody is not going to help me @Loser66 @Lyrae @chosenmatt
neither I, :) because to me, no option is the correct one.
yeah
"To add markup percentage to your cost of goods, first multiply the cost of one unit of the product by the markup percentage. Add the resulting dollar amount to the cost of the good to determine the price." http://smallbusiness.chron.com/add-markup-percent-product-64361.html Lets put that as an equation: \[newPrice = oldPrice * percentMarkup + oldPrice\]if you now solve for percentMarkup you get \[percentMarkup = \frac{ newPrice }{ oldPrice} - 1\] Insert the values and you get pm = 70/35.5 -1 ~ 97.183
@helpme25
~ 97.2% *
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