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

The store bought a pair of shoes for $50, and sold it for $80. What percentage was the markup?
asked 68.6k views
1 vote
The store bought a pair of shoes for $50, and sold it for $80. What percentage was the markup?

asked
User Craig McQueen
by
7.6k points

2 Answers

4 votes
60% would be the correct answer.
answered
User Marquis Wang
by
8.7k points
5 votes

Answer:

Explanation:

profit=S.P.-C.P=80-50=30

Profit or percentage markup=30/50×100=60%

answered
User John Tor
by
8.3k points
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