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Wittaler [7]
2 years ago
7

It costs Charlie's Car Repair Shop $27 to change the oil. The shop charges their costumers $40 for an oil change. What is the pe

rcent of markup in the cost of an oil change?
Mathematics
1 answer:
frosja888 [35]2 years ago
3 0
Cost Price for oil change =$27 
Charge for the customers =$40 
Markup cost = Difference between selling price and cost price =$40-$27=$13  
To find the percent of markup, divide the markup cost by the cost price and multiply it by 100. 
Markup percent = (13/27)*100 
 =48.15%
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