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kirza4 [7]
3 years ago
9

The owner of an electronics store received a shipment of MP3 players at a cost of 64.25 each. If he sells the MP3 players for 99

.99 each, what is the percent of markup
Mathematics
1 answer:
Evgen [1.6K]3 years ago
4 0
It's about a 155.62645% markup. (99.99/64.25)=1.556264591439489, *100 to get percent.
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8 0
3 years ago
Need help on this problem
soldier1979 [14.2K]

Hey there!

Let's look at our graph here. It is a 4 x 8 chart, which means there are 32 total squares. 12 of these squares are highlighted in black. This gives us 12/32, which is equal to 3/8. Therefore, we can eliminate answer D as an option.

Now, we are looking for a percent of a fraction. Usually when you draw a chart that represents multiplying fractions, the bars will overlap. We do see 5 gray squares, but if that is all, this chart would not really represent anything. Let's say it goes all the way across the top, giving us 8 gray squares, 3 of them also being black.

This means we have 8/32, or 1/4 as our other fraction. As we said before, 3 of these squares are both black and gray. This is 3/32, so the answer to our problem has to be 1/12.

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3 0
4 years ago
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