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Keelahs clothing store buys coats for $50 and then sells them for $80. what is the percent of mark up on the price of the coat

Keelahs clothing store buys coats for $50 and then sells them for $80. what is the percent of mark up on the price of the coat
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2 votes
keelahs clothing store buys coats for $50 and then sells them for $80. what is the percent of mark up on the price of the coat

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User Jespertheend
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8.1k points

2 Answers

4 votes
The price increased 60% from the original price

answered
User Pieter Herroelen
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8.9k points
5 votes
The percent of markup for this price is 60% because the total amount of increase is $30, and the 30÷50=0.6 or 60 percent. Hope it help!
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User RuAware
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