Sheree smith purchased a new SUV for $32,984. He received a $49.95 rebate from the manufacturer and a $38.95 rebate from the sto
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Answer: Mark up percent = 20%
Step-by-step explanation:
Given: Cost price of each T-shirt = $5.00
Amount required = $450
Total students = 75
Market price for each T-shirt to raise the required amount = (Amount required ) ÷ 75
= $450 ÷ 75
= $ 6
Mark up percent =
Hence, Mark up percent = 20%