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The Sports Brand Company is making a new shoe that has a wholesale price of $10, and it wishes to advertise a retail price of $35. What is the markup percentage?

The Sports Brand Company is making a new shoe that has a wholesale price of $10, and it wishes to advertise a retail price of $35. What is the markup percentage?
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The Sports Brand Company is making a new shoe that has a wholesale price of $10, and it wishes to advertise a retail price of $35. What is the markup percentage?

asked
User Dacre Denny
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8.0k points

1 Answer

2 votes
35 - 10 divided by 10 = 5/2
Convert 5/2 into a percentage
250%
answered
User Nikola Novak
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8.0k points
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