samiuallah10 samiuallah10

15-06-2021
Mathematics

contestada

Sam buys watches for $11 and sells them for $15.3. what is the markup?

Respuesta :

sreedevi102 sreedevi102

15-06-2021

Answer:

Mark up = 39.09%

Step-by-step explanation:

Cost price = $11

Selling price = $15.3

Profit = Selling price - Cost price

= 15.3 - 11

= $4.3

[tex]Mark - up = \frac{Profit}{cost} \times 100[/tex]

[tex]=\frac{4.3}{11} \times 100\\\\=39.09 \%[/tex]

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