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antiseptic1488 [7]
3 years ago
15

The jeans at Hollister are priced at $59.99. The cost to make them is $2.14. What is the percent of the mark up?

Mathematics
1 answer:
algol133 years ago
8 0

Answer:

2703 %

Step-by-step explanation:

Step 1. Calculate the<em> markup</em>

Markup = selling price – cost

Markup = 59.99 -2.14

Markup = $57.85

===============

Step 2. Calculate the <em>percent markup </em>

% Markup = markup/cost × 100 %

% Markup = 57.85/2.14 × 100

% Markup = 27.03 × 100

% Markup = 2703 %

The markup is 2703 %.

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