Tyler's brother Works in a shoe store the store bought a pair of shoes for $50 and sold it for $80 what percentage was the marku

Question

harina [27]

2 years ago

15

Tyler's brother Works in a shoe store the store bought a pair of shoes for $50 and sold it for $80 what percentage was the marku

p

Geography

2 answers:

GuDViN [60] · Answer 1 · 2022-07-10T18:57:11+03:00

GuDViN [60]2 years ago

3 0

Answer:

Cost price= $50

Selling price =$80

Percentage markup = Gain/Cost price x 100%

=30/50x100

=$60.

Explanation:

Lemur [1.5K] · Answer 2 · 2022-07-10T20:18:02+03:00

Answer:

percentage mark up is 60%

Explanation:

The percentage mark up is the percentage gain of the pair of shoes sold. Tyler bought the shoe for $50 and sold it for $80 . The percentage gain can be computed mathematically as follow

Cost price of shoe = $50

Selling price of shoe = $80

gain = $80 - $50 = $30

percentage gain = gain/ cost price of shoe × 100

percentage markup = 30/50 × 100

percentage markup = 3000/50

percentage mark up = 60%

percentage mark up is 60%