ShulamisN408969 ShulamisN408969

30-10-2022
Mathematics

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a clothing store bought a shirt for the price of $10 and sold it at the selling price of $21.50. find the percent markup

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HaleemI1673 HaleemI1673

30-10-2022

Buying price of store = $10

the selling price of $21.50.

So the percent markup:

[tex]\begin{gathered} PM=\frac{21.5-10}{21.5}\times100 \\ PM=\frac{11.5}{21.5}\times100 \\ PM=53.48 \end{gathered}[/tex]

So the percent markup is 53.48%

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