Question

The manager of a store orders balance beams that cost $550 and sells them for $704. What percentage is the mark-up?

Answer 1

Answer:

28%

Step-by-step explanation:

Percentage mark up = (new - original) / original  * 100 %

     new = 704

     original =  550                              

Substituting these values in

     Percentage mark up = (704 - 550) / 550  * 100 %

                                         =154/550 * 100%

                                         =.28*100%

                                            28%