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Leya [2.2K]
3 years ago
11

Find the percent of markup for $40 marked up to $59.75. Round to the nearest percent.

Mathematics
1 answer:
DerKrebs [107]3 years ago
6 0

Answer:

49%

Step-by-step explanation:

Markup is the difference between the selling price and the cost divided by the cost times 100%

Cost = 40

Selling = 59.75

% = (59.75 - 40)/40 * 100%

% = (19.75 / 40) * 100%

% = 49%

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