KeriE308620 KeriE308620

29-10-2022
Mathematics

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A department store buys 100 shirts at a cost of $ 1,200 and sells them at a selling price of $ 20 each. Find the percent markup.

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ArslanB203250 ArslanB203250

29-10-2022

Percentage mark-up = S. P - C.P /C.P x100%

From the question given,

C.P = $1200

S.P = 20 x 100 = $2000

[tex]\text{percentage mark-up=}\frac{2000-1200}{1200}\times100percent[/tex]

=800 /1200 x100%

= 66.67 %

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