Question

a company can make a new computer for $150. if they sell the same computer for $500, what is the markup percentage?

Answer 1

Note that:

• Profit percentage: S.P - C.P/C.P x 100
• C.P = $150
• S.P = $500

Substitute the values into the expression to find the profit percentage.

Substituting the values.

• S.P - C.P/C.P x 100
• => 500 - 150/150 x 100
• => 350/150 x 100
• => 350/3 x 2 = 233.33%

The markup percentage is 233.33%.