Question

Find the percent of markup round to the nearest tenth

Answer 1

The first step in solving this problem is to compute the amount of markup. You can do this by deducting the original price to the marked up price.

$70.00 - $35.50 = $34.50

To get the percent of markup, you have to divide the amount of markup to the original price.

$34.50 / $35.50 = 97.2%