Question

A merchant buys a television for $125 and sells it for $75 more.What is the percent of markup?

Answer 1

Since he sold it for $75 more,

% Mark Up = Mark Up/ Cost Price  x 100%

% Mark Up =   75 / 125 x 100%      =   0.6  x 100% = 60%

Percent Mark Up = 60%
Hope this helps :)