ricksanchezw2006 ricksanchezw2006
  • 14-11-2018
  • Mathematics
contestada

Fantasy N fun sells gaming cards for 9.99 but they pay only 6.75 per card.what is the percent markup

Respuesta :

RenatoMattice RenatoMattice
  • 23-11-2018

Answer: So, By 48% cost price is marked up.

Explanation:

Since we have given that

Selling price of gaming cards = 9.99 per card

Cost price of gaming cards = 6.75 per card

Percentage that mark up the cost price by

[tex]\frac{9.99-6.75}{6.75}\times 100\\\\\frac{3.24}{6.75}\times 100\\\\=\frac{324}{6.75}\\\\=48\%[/tex]

So, By 48% cost price is marked up.

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