A store bought a camera for $300 and sold it for $714. What was the markup percentage?

Question

asked May 15, 2022 72.0k views

1 Answer

Anilkumar · Answer 1 · 2022-05-19T13:00:53+0000

Answer:The markup is 40% of the $25 cost, so the markup is:

(0.40)(25) = 10

Then the selling price, being the cost plus markup, is:

25 + 10 = 35

The item sold for $35.

Explanation: