Starr buys Converse shoes from the manufacturer for $25.50 a pair, she sells them for $38.50, what percent is she marking them u
p?
1 answer:
Answer: Approximately 51%
Step-by-Step-Explanation:
<u>Given -</u>
- Cost - $25.50
- Selling for - $38.50
<u>We must find:</u>
- The price Starr is marking up
<u>Profit</u> (<u>Numbers Given</u>)
<u>$38.50 - $25.50 = $13.00</u>
<u>Profit</u>, (<u>In percent)</u>
<u>13/25.50 × 100 ≈ 51%</u>
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