Question

A store purchased surfboards for $400 and sold them for $712. What is the mark-up percentage?

Write your answer using a percent sign (%).

Answer 1

78%

Explanation:

712 -400 = 312

312/400 x 100 = 78

Answer 2

Answer: 78 %

Explanation:

Sales - cost = profit

712-400 = 312

As a percentage 312/400 * 100= 78