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3 years ago

A department store buys 400 shirts at a cost of $6,400 and sells them at a selling price of $20 each. Find the percent markup.

Mathematics

1 answer:

Triss [41]3 years ago

5 0

Answer:

$25 \%$

Step-by-step explanation:

The department store is buying each shirt for:

$\frac{6400}{400}=\$ 16$ each.

Therefore, the percent markup is:

$100 \cdot \frac{20-16}{16}=\fbox{$25\%$}$ .

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3 years ago

A department store buys 400 shirts at a cost of ​$6,400 and sells them at a selling price of ​$20 each. Find the percent markup.

A department store buys 400 shirts at a cost of $6,400 and sells them at a selling price of $20 each. Find the percent markup.