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A department store buys 300 shirts at a cost of ​$4800 and sells them at a selling price of ​$20 each. Find the percent markup.

A department store buys 300 shirts at a cost of ​$4800 and sells them at a selling price of ​$20 each. Find the percent markup.
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1 vote
A department store buys 300 shirts at a cost of ​$4800 and sells them at a selling price of ​$20 each. Find the percent markup.

asked
User Wayne See
by
8.0k points

1 Answer

3 votes

Answer:

25% markup

Explanation:

4800 / 300 = 16

20 / 16 = 1.25

Thus, it is a 25% markup.

answered
User Relativity
by
7.8k points
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