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abruzzese [7]
3 years ago
9

A dealership pays $580 for each electronic unit and sells it for $940. What is the percent markup in the price of each unit

Mathematics
1 answer:
topjm [15]3 years ago
6 0

Answer:

62.06%

Step-by-step explanation:

Given that,

CP of an electronic unit = $580

SP of an electronic unit = $940

We need to find the percent markup in the price of each unit. It can be done as follows :

\%=\dfrac{940-580}{580}\times 100\\\\=62.06\%

So, the required answer is 62.06%.

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