Question
A store employee creates a display of model railroad sets priced at $94 apiece. The store paid $50 for each model railroad set. What is the mark-up percentage?
Answers
The mark-up percentage is 53.19%.
This is pretty basic, of course misses by the AI
markup = increase/cost price
= 44/50
= .88 or 88%
markup = increase/cost price
= 44/50
= .88 or 88%
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