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lora16 [44]
3 years ago
8

Store owner buys hoodie for 16 dollars and sells it for 72 dollars what is the percent of the markup

Mathematics
2 answers:
andrew11 [14]3 years ago
7 0

This is an example of a percent change question.

Formula: <u>new price - old price / old price</u>

= 72-16/16

= 56/16

= 3.5

Multiply by 100%.

3.5 * 100% = 350%

Therefore, the hoodie was marked up 350%

Best of Luck!

ella [17]3 years ago
6 0

Answer:

350% mark up

Step-by-step explanation:

To find the percent markup

Take the new price and subtract the original price

72-16 =56

Then divide by the original amount

56/16

3.5

Change to percent form

350%

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