The owner of an electronics store received a shipment of MP3 players at a cost of $64.25 each. If he sells the MP3 players for $99.99 each, what is the percent of markup? Round to the nearest whole percent.
A. 6%
B. 36%** (my answer)
C. 56%
D. 62%
6 answers
Right now, I'm in between B and C.
I know my answer can't be A, though.
Oh, I think it's actually C! :0
That's better
(99.99/64.25) * 100% = 156%.
Markup = 156% - 100% = 56%.
Markup = 156% - 100% = 56%.
wrong my n
3 answers