Question
An entrepreneur buys some carousel horses. Each one costs $750 and resells online for $990. What is the mark-up percentage?
Write your answer using a percent sign (%).
Write your answer using a percent sign (%).
Answers
Answered by
GPT 3.5
The mark-up amount is $990 - $750 = $<<990-750=240>>240.
The mark-up percentage is (240 / 750) * 100% ≈ 32%.
Therefore, the mark-up percentage is 32%.
The mark-up percentage is (240 / 750) * 100% ≈ 32%.
Therefore, the mark-up percentage is 32%.
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