soccerstar2307 soccerstar2307
  • 21-02-2021
  • Mathematics
contestada

Wanda, the owner of an e-commerce site, buys skateboards for $50 and then sells them on her site for $83. What is the mark-up, as a percentage?

Respuesta :

Parrain
Parrain Parrain
  • 23-02-2021

Answer: 66%

Step-by-step explanation:

Wanda buys the boards at $50 and sells them as $83.

The markup in actual dollar amounts is:

= 83 - 50

= $33

In percentage terms, the denominator will be the cost price:

= Markup / Cost price * 100%

= 33 / 50 * 100%

= 66%

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