What is the store paid $75 for a clarinet and sold it for $100 did the store mark up the price by 30% what the answer
1 answer:
Answer:
Mark up = 33.33%
Step-by-step explanation:
Given that:
buying price = $75
selling price = $100
First we will find the difference between two prices:
Difference = 100 - 75 = $25
We will find now that 25 is what percent of 75 so:
=25/75* 100
= 0.333333 * 100
= 33.33%
So the store marked the price by 33.33% instead of 30%
i hope it will help you!
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