A department store buys 100 shirts at a cost of $2700 and sells them at a selling price of $30 each. Find the percent markup.

Question

asked Jan 4, 2023 19.4k views

2 Answers

Keval Rathi · Answer 1 · 2023-01-11T02:59:54+0000

Answer:

11.1%

Explanation:

buy 100 shirts at 2700

each shirt = 2700/100 = $27

sell at $30 each

mark up = (30-27)/27 = 3/27 = 1/9 = 11.1%