QuestionAugust 24, 2025

A store employee notices that laptop computers that cost her store 350 are being sold for 504 What percentage is the mark-up? Write your answer using a percent sign (% ) square

A store employee notices that laptop computers that cost her store 350 are being sold for 504 What percentage is the mark-up? Write your answer using a percent sign (% ) square
A store employee notices that laptop computers that cost her store 350 are being sold for
 504 What percentage is the mark-up?
Write your answer using a percent sign (% )
square

Solution
4.3(297 votes)

Answer

44\% Explanation 1. Calculate the Mark-Up Amount Subtract the cost price from the selling price: 504 - 350 = 154. 2. Calculate the Mark-Up Percentage Use the formula for percentage mark-up: **\left(\frac{\text{Mark-Up Amount}}{\text{Cost Price}}\right) \times 100**. Substitute values: \left(\frac{154}{350}\right) \times 100.

Explanation

1. Calculate the Mark-Up Amount<br /> Subtract the cost price from the selling price: $504 - 350 = 154$.<br />2. Calculate the Mark-Up Percentage<br /> Use the formula for percentage mark-up: **$\left(\frac{\text{Mark-Up Amount}}{\text{Cost Price}}\right) \times 100$**. Substitute values: $\left(\frac{154}{350}\right) \times 100$.
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