Question

The store bought a pair of shoes for $50, and sold it for $80.What percentage was the mark up? The percent markup was ___%.

Answer 1

37.5

Explanation:

Answer 2

We have

80- 50=30

then we need to obtain the percentage

`(30)/(80)=(p)/(100)`

where p is the percentage of the markup, we clear p

`p=(30\cdot100)/(80)=37.5\text{ \%}`

the percentage of the markup is 37.5%