Question

A book costs $1.49 and is sold in a retail store for $8.99. What is the percentage in mark up? *​

Answer 1

Answer:

603.35%

Step-by-step explanation:

Given that a book costs $ 1.49 and is sold in a retail store for $ 8.99, to determine what is the percentage in mark up, the following calculation must be performed:

1.49 = 100

8.99 = X

8.99 x 100 / 1.49 = X

899 / 1.49 = X

603.35 = X

Thus, the mark up percentage of the book is 603.35%, which implies an increase of more than 6 times its initial value.