Compute the markup for the following problem. Cost of article = $195 Retail price = $225 Percentage of markup (to the nearest tenth)= _____. A. 13.3 B. 15.4 C. 86.7 D. 115.4

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Ali Raza · Answer 1 · 2020-02-21T09:18:08+0000

Answer:

B. 15.4

Explanation:

Find the difference of the retail price and the cost of item:

225 - 195 = 30.

Divide 30 by 195 and multiply 100 to get the percentage

(30/195)x 100 = 15. 3846

Round to the nerarest tenth so you will have 15.4%.