asked 121k views
5 votes
The selling price of a table is $630. If the cost price was $428, what is the mark up amount?

asked
User Ifeegoo
by
8.4k points

2 Answers

4 votes

Answer:

The markup amount is 47%

Explanation:

to calculate a markup percentage, subtract the original price from the new price: 630-428=202

take that number and divide it by the original price: 202÷428=0.47

multiply that number by 100 (or move the decimal twice to the right) to find the percentage: 0.47×100=47%

I hope this helped you! :)

answered
User Qwww
by
7.7k points
0 votes

Answer:

$202

Explanation:

answered
User Zachiah
by
7.7k points
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