A store pays $120 for a television. The store sells the television for $300. What is the percent of the markup
1 answer:
Answer: 150%
Step-by-step explanation:
A store buys a television for $120.
The store then sells the television for $300.
The makeup is the amount they increased the cost price by to get to the selling price.
= 300 - 120
= $180
In percentage terms it is:
= 180/120 * 100%
= 150%
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