Question

Starr buys Converse shoes from the manufacturer for $25.50 a pair, she sells them for $38.50, what percent is she marking them up?

Answer 1

Answer: Approximately 51%

Step-by-Step-Explanation:

Given -

• Cost - $25.50
• Selling for - $38.50

We must find:

• The price Starr is marking up

Profit (Numbers Given)

$38.50 - $25.50 = $13.00

Profit, (In percent)

13/25.50 × 100 ≈ 51%