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This gaming is sold at game shop for $474.75. it cost the manufacturer $450 to make this gaming system. what is the percent mark up

This gaming is sold at game shop for $474.75. it cost the manufacturer $450 to make this gaming system. what is the percent mark up
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5 votes
this gaming is sold at game shop for $474.75. it cost the manufacturer $450 to make this gaming system. what is the percent mark up

asked
User Zepolyerf
by
6.9k points

1 Answer

3 votes

Answer:

A 5.5% increase

Explanation:

|450 - 474.75|/450 = 24.75/450 = 0.055 = 5.5%

answered
User Harti
by
8.2k points
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