A pet shop pays $40 for a dog bed, and then sells it to a cutomer for $75. What is percent markup?

Question

asked Oct 11, 2020 112k views

1 Answer

Srishtigarg · Answer 1 · 2020-10-15T13:27:37+0000

Answer:

87.5%

Explanation:

$40 marked up is 100%. Since the new price is upped by $35 it will be close to 100%. $5 is 12.5%. 100% - 12.5% = 87.5%