Question

Jermaine buys T-shirts for $6 each and marks up the price by 45%. How much profit does Jermaine make for each T-shirt sold?

Answer 1

Answer:

$2.70

Step-by-step explanation:

6*45% =2.70

Answer 2

Answer:

$2.70

Step-by-step explanation:

Cost price = $6

Mark up percentage = 45%

Mark up amount = 45% × $6

                           = 0.45 × $6

                           = $2.70

Selling price = Mark up + cost price

                     = $2.70 + $6

                     = $8.70

Jermaine sells the shirts for $8.70 and makes a profit of $2.70.