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  • 17-04-2017
  • Mathematics
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A merchant buys a television for $125 and sells it for $75 more.What is the percent of markup?

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laureldasher00
laureldasher00 laureldasher00
  • 17-04-2017
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%
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