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4: You have created an Emerald ring that cost you $35 to make but you are selling it for $120. What would be the percent markup for this item?

 Dec 6, 2018
 #1
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35 *x = 120-35

x = 2.428= 242.8 % mark up

 Dec 6, 2018
edited by Guest  Dec 6, 2018
 #2
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$120 / $35 = 3.4285714 - 1 x 100 =242.86% markup.

Check: $35 x [1 + 242.86/100] =

             $35 x 3.4286 =~$120 - Sale price.

 Dec 6, 2018

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