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2 years ago

The selling price of a box of crackers is $1.75 You mark the crackers up to $2.54 . What is the markup percentage?

Mathematics

2 answers:

Aleks04 [339]2 years ago

8 0

The markup percentage is 45.14%

Step-by-step explanation:

The given is:

The selling price of a box of crackers is $1.75
You mark the crackers up to $2.54

We need to find the markup percentage

The markup percentage = $\frac{New-Old}{old}$ × 100%

∵ The selling price of a box of crackers is $1.75

∴ Old = 1.75

∵ You mark the crackers up to $2.54

∴ New = 2.54

- Substitute these values in the rule above

∵ The markup percentage = $\frac{2.54-1.75}{1.75}$ × 100%

∴ The markup percentage = $\frac{0.79}{1.75}$ × 100%

∴ The markup percentage = 0.4514 × 100%

∴ The markup percentage = 45.14%

The markup percentage is 45.14%

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stepan [7]2 years ago

8 0

Answer:

The markup percentage is 45%.

Step-by-step explanation:

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