Can someone help with this i am really bad at math.
1 answer:
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The percent markup of the sweatshirt is 60%
Here, we want to calculate the percenatge of profit made by the store
Mathematically;
From the question, we can deduce the following;
cost price is the price the store bought the sweatshirt = $12
sales price is the amount in which they sold the sweatshirt = $19.20
Thus, we proceed to substitute these values into the markup equation above;