2 years ago

Answer quick please!

Mathematics

1 answer:

astra-53 [7]2 years ago

7 0

Answer:

25%

Step-by-step explanation:

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iren2701 [21]

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A store manager paid $95 for an item and set the selling price at $116.85. What was the percent markup?

Neporo4naja [7]

We have been given that a store manager paid $95 for an item and set the selling price at $116.85. We are asked to find the percent mark-up.

We will use percent increase formula to solve our given problem.

$\text{Percent increase}=\frac{\text{Final}-\text{Initial}}{\text{Initial}}\times 100\%$

$\text{Percent increase}=\frac{\$116.85-\$95}{\$95}\times 100\%$

$\text{Percent increase}=\frac{\$21.85}{\$95}\times 100\%$

$\text{Percent increase}=0.23\times 100\%$

$\text{Percent increase}=23\%$

Therefore, the mark-up will be 23% and option 'b' is the correct choice.

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Nana76 [90]

Only 6/36 and 5/30 are proportional here, as they both are equal to 1/6 in their simplest form

In short, Your Answer would be Option B

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