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Mr. Daton purchased men't sports
coats for $80 each and sold them for $158 each. Find the markup on retail to the nearest whole percent.
 9 months ago
 9 months ago
Mr. Daton purchased men't sports coats for $80 each and sold them for $158 each. Find the markup on retail to the nearest whole percent.
 9 months ago
 9 months ago

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campbell_stBest ResponseYou've already chosen the best response.1
the percentage is \[percentage=\frac{(158  80)}{80} \times 100 \]
 9 months ago

GodBlessYouBest ResponseYou've already chosen the best response.0
Thank you so much! :)
 9 months ago

GodBlessYouBest ResponseYou've already chosen the best response.0
@campbell_st The answer isn't coming out right for some reason.. It is supposed to be 49%.
 9 months ago

campbell_stBest ResponseYou've already chosen the best response.1
oops I gave you mark up on cost. For markup on retail markup = retail price  cost price = 158  80 = $78 percentage = 78/158 * 100 = 49.3%
 9 months ago
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