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how do i find a markup %?

 Jan 13, 2015

Best Answer 

 #3
avatar+118687 
+10

Say you have a 5% markup on a $30 item

then the markup is just  

$${\frac{{\mathtt{5}}}{{\mathtt{100}}}}{\mathtt{\,\times\,}}{\mathtt{30}} = {\frac{{\mathtt{3}}}{{\mathtt{2}}}} = {\mathtt{1.5}}$$

 

which is $1.50

The new price will be  $31.50

 Jan 13, 2015
 #1
avatar+21 
+3

it is in your book. go check.

 Jan 13, 2015
 #2
avatar+118687 
+5

mathmaster  BEHAVE YOURSELF !

I am getting very tired of your stupid answers!

 Jan 13, 2015
 #3
avatar+118687 
+10
Best Answer

Say you have a 5% markup on a $30 item

then the markup is just  

$${\frac{{\mathtt{5}}}{{\mathtt{100}}}}{\mathtt{\,\times\,}}{\mathtt{30}} = {\frac{{\mathtt{3}}}{{\mathtt{2}}}} = {\mathtt{1.5}}$$

 

which is $1.50

The new price will be  $31.50

Melody Jan 13, 2015
 #4
avatar+118687 
+5

Sorry, I have done this the wrong way around.  Sorry 

I'll do it again

 

original price = $30

new price = $31.50

 

Markeup = (31.50-30)/30 * 100   percent    =5%

$${\frac{\left({\mathtt{31.5}}{\mathtt{\,-\,}}{\mathtt{30}}\right)}{{\mathtt{30}}}}{\mathtt{\,\times\,}}{\mathtt{100}} = {\mathtt{5}}$$

 Jan 13, 2015

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