The percentage of mark up was 125.
Step-by-step explanation:
Given,
Purchase price of shoes = $40
Sale price of shoes = $ 90
Change = Sale price - Purchase price
Change = 90 - 40 = $50
Mark up percent = [tex]\frac{Change}{Purchase\ price}*100[/tex]
Mark up percent = [tex]\frac{50}{40}*100 = \frac{5000}{40}[/tex]
Mark up percent = 125%
The percentage of mark up was 125.
Keywords: subtraction, percentage
Learn more about percentage at:
- brainly.com/question/9533500
- brainly.com/question/9527632
#LearnwithBrainly
