The owner of a small store buys coats for 50.00$ each. Answer parts a and b.sells the coats for $ each. he sells the coats for
70.00 each What percent of the purchase price is the sale price?
1 answer:
Answer:
40% profit
140% markup
Step-by-step explanation:
I'm not sure if it's asking what is the markup, or how much you are making.
But profit
$20 out of 50 = 0.40
Markup
70/50 = 1.4 -> 140% markup
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