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 A store that buys and sells used video games buys a game at a cost of

​$415

and sells it at a selling price of

​$477.25

Find the markup. Then find the percent markup.

 Dec 14, 2018
edited by Guest  Dec 14, 2018
edited by Guest  Dec 14, 2018
 #1
avatar+98034 
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The mark-up  is  477.25 - 415   =  $62.25

 

We have two types of mark-ups.....

mark-up on cost    or     mark-up on selling price

 

I'm assuming that you want the first.....so

 

mark-up  on cost   =     62.25 / 415  =  .15  =   15%

 

 

cool cool cool

 Dec 14, 2018

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