To explain a markup, let's use an example: Let's say you purchase a box of paper that costs one dollar. You aim for a profit of 50%. By multiplying the cost by 50%, you get $0.50. This is your markup price. Add that to the price that you paid to purchase the box of paper, and now the total is $1.50. This is the selling price of the box of paper. Therefore, your markup percentage is 50%.
did that help i was not a faker though i was just trying to explain it to him/she better and can i have brainlist please
