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Natasha2012 [34]
3 years ago
11

A merchant buys a television for $125 and sells it for $75 more. what is the percent of markup?

Mathematics
1 answer:
guajiro [1.7K]3 years ago
4 0
Since he sold it for $75 more,

% Mark Up = Mark Up/ Cost Price   * 100%

% Mark Up =   75 / 125 * 100%
            
                   =   0.6  * 100% = 60%

Percent Mark Up = 60%.

Hope this explains it.

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