Answer:
The markup of
$
75
is a
60
%
increase.
Explanation:
To calculate any percent change (which is what I assume you are asking here?), the method is:
%
change
=
amount of change
original amount
×
100
%
The actual mark up from
$
125
→
$
200
is simply the difference:
Markup =
$
200
−
$
125
=
$
75
the percent markup is :
75
125
×
100
%
=
60
%
Answer:
A merchant buys a television for $125 and sells it for $75 more. The percent markup is 60 %
Solution:
Given that the merchant buys a television for $125 . Hence cost price of television = 125
Also given that the merchant sells the television for 75$ more .
Hence we can say mark up price = 75.
Percent markup is given as,
[tex]\bold{\text { Percent markup }=\frac{\text { markup price }}{\text { cost price }} \times 100}[/tex]
[tex]= \frac{75}{125} \times 100[/tex]
[tex]= 0.6 \times 100 = 60[/tex]
Hence the percent markup when the merchant sells television for 75$ more is 60%
