Question

Antonio sold a hat for $18. His wholesale cost was $8. What was the percent markup?

Answer 1

$Make\ a\ fraction\ and\ multiply\ it\ by\ 100\%\\\\ \frac{wholesale\ cost}{price\ of\ hat}*100\%=\frac{8}{18}*100\%=\frac{800}{18}\%=44\frac{8}{18}\%\\\\ Percent\ markup\ was\ 44\frac{8}{18}\%.$