Question

Mac Cosmetic sells a lip gloss for $15.50, but it only costs the company $6 to make it what is the percentage markup on the lip gloss?

Answer 1

Answer:

158%

Step-by-step

$15.50 - $6 = $9.50 < Profit

Now To find The Percentage of the markup on the lip gloss?

You Divide $9.50  by $6 And You Will Get This 1.58333333333

For A Percent You Move The Decimal Point Back Two Spots And You Get

158%

I Hope You Understand and i hope i helped you