Question

The selling price of a table is $630. If the cost price was $428, what is the mark up amount?

Answer 1

Answer:

$202

Step-by-step explanation:

Answer 2

Answer:

The markup amount is 47%

Step-by-step explanation:

to calculate a markup percentage, subtract the original price from the new price: 630-428=202

take that number and divide it by the original price: 202÷428=0.47

multiply that number by 100 (or move the decimal twice to the right) to find the percentage: 0.47×100=47%

I hope this helped you! :)