Question

Organic hot dogs at the grocery store cost $2.00 each. At a major league baseball game, an organic hot dog costs $6.50. By what percent does the baseball field mark up its organic hot dogs?

Answer 1

225%

Explanation:

We need to find the markup as a percentage of original.

Original price = $2

Markup = 6.5 - 2 = $4.5

So, percentage is:

4.5/2=2.25

Multiplied by 100 gives us percentage:

2.25 * 100 = 225%