A merchant buys a television for $125 and sells it for $75 more.What is the percent of markup?
1 answer:
Since he sold it for $75 more, % Mark Up = Mark Up/ Cost Price x 100% % Mark Up = 75 / 125 x 100% = 0.6 x 100% = 60% Percent Mark Up = 60% Hope this helps :)
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