asked 100k views
3 votes
The store bought a pair of shoes for $50 and sold it for $80. What percentage was the markup?

asked
User Belovoj
by
7.1k points

1 Answer

4 votes

Answer:

37.5%

Explanation:

The markup would be 37.5%. 80-50 = 30. If you set up the

proportion, is/of = %/100, it would be 30/80 = %/100. Multiply

30*100. = 3,000. Divide this by 80 and you get 37.5.

answered
User Chung Nguyen
by
8.1k points

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