Question

Manuel , the owner of an e-commerce site , buys globes for $29 and then sells them on his site for $37.41 . What percentage is the mark up?

Write your answer using a percent sign ( %)



SHOW STEPS PLEASE

Answer 1

77.52% or 78% if 2sf

Explanation:

To find a percent of something in relation to two numbers the only formula Percentage = (number you want to find the percentage for ÷ total) × 100. Move the decimal point two places to the right to convert from a decimal to a percentage, and two places to the left to convert from a percentage to a decimal.

Original number in most cases goes first this includes decrease =

29/37.41 x 100 = 77.519379845

We round up 77.519379844 for percentages. = 77.52%