A store pays $120 for a television. The store sells the television for $300. Your classmate says that the markup is 150% because

Question

irga5000 [103]

3 years ago

11

A store pays $120 for a television. The store sells the television for $300. Your classmate says that the markup is 150% because

$180$120=1.50$180$120=1.50. Is your classmate correct?

Mathematics

1 answer:

kakasveta [241] · Answer 1 · 2022-09-09T10:26:01+03:00

kakasveta [241]3 years ago

3 0

Your class mate is correct. Remember when multiplying by a percentage to move the decimal place 2 decimal places to the left. Because 120 and 180 are equal to 300 your classmate is correct in saying that the mark up is 150%