What is $23 rollerblades marked up to $41.40?

the mark up is (41.40-23)/23 * 100= which is over 75 percent

To find the markup percentage, we can use the formula:

Markup Percentage = (Markup Amount / Cost Price) * 100

Given that the cost price of the rollerblades is $23 and they are marked up to $41.40, we can calculate the markup amount:

Markup Amount = Selling Price - Cost Price
= $41.40 - $23
= $18.40

Now we can calculate the markup percentage:

Markup Percentage = (18.40 / 23) * 100
= 80%

Therefore, the rollerblades are marked up by 80%.

To find the markup percentage, we can use the formula:

Markup Percentage = (Marked Price - Cost Price) / Cost Price * 100

In this case, the cost price of the rollerblades is $23, and the marked price is $41.40. Plugging these values into the formula, we get:

Markup Percentage = (41.40 - 23) / 23 * 100

Simplifying this equation:

Markup Percentage = 18.40 / 23 * 100

Markup Percentage ≈ 80%

Therefore, the rollerblades have been marked up by approximately 80%.