The IPhone 7 costs about $220 for Apple to make, but they cost about $700 in stores. What is the markup percentage of the IPhone 7? (Round to the nearest whole percentage)

The IPhone 7 costs about $220 for Apple to make, but they cost about $700 in stores. What is the markup percentage of the IPhone 7? (Round to the nearest whole percentage)

asked Jun 28, 2022 223k views

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