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Omar buys stuffed animals for $4 each. He sells them for $7 each. Is this a markup of markdown situation? What is the percent profit?

Omar buys stuffed animals for $4 each. He sells them for $7 each. Is this a markup of markdown situation? What is the percent profit?
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1 vote
Omar buys stuffed animals for $4 each. He sells them for $7 each. Is this a markup of markdown situation? What is the percent profit?

asked
User Dendrobates
by
7.9k points

1 Answer

3 votes

Answer:

Markup, 42% profit

Explanation:

(someone check this)

answered
User Tarulia
by
8.1k points
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