Question

@shadow A department store buys 400 shirts at a cost of ​$9600 and sells them at a selling price of ​$ each. Find the percent markup

Answer 1

What is the selling price

Answer 2

oh srry $
30

Answer 3

First do 9600/400 to find the cost per shirt

Answer 4

24

Answer 5

Then we can say 24x = 30

Since they're selling it for $30, and their cost per shirt was 24.

Answer 6

Solving for x is simple as dividing 24 from both sides

x = 30/24
x = 1.25

Answer 7

So there was an increase of 25%, since 125% of 24 is 30.

Answer 8

?

Answer 9

This math works out since 25% of 24 is 6, and 24 + 6 = 30

Answer 10

so its 30

Answer 11

So the markup % was 25%