Question

Tyler's brother works in a shoe store. Tyler's brother earns a commission. The store bought a pair of shoes for $32 and sold them for $78. What percentage was the markup?

Answer 1

The markup was 143.75%.

Explanation:

In order to find the markup, you have to find the difference between the price the store paid for the pair of shoes and the price they sold them for, then divide that by the price they paid for the shoes and the result has to be multiplied for 100:

((78-32)/32)*100=(46/32)*100=1.4375*100=143.75%

According to this, the answer is that the markup was 143.75%.