lexroaltbal0ta lexroaltbal0ta

15-05-2016
Mathematics

Answered

A calculator was purchased for $29. The wholesale cost was $20. What was the percent markup?

Verified Answer :

24-05-2016

If you would like to find the percent markup, you can calculate this using the following steps:

x% of $20 is $29
x% 20 = 29
x/100 20 = 29
x = 29 * 100 / 20
x = 145%

145% - 100% = 45%

The correct result would be 45%.

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