A store buys a guitar for $295. The store then marks up the price of the guitar to $398.25. What is the percent change of the mark up?

1 Answer
Ben
Jun 11, 2018

Wow, that's a 35% markup!

Explanation:

To find the markup, we need to know the difference in price, and then divide through by the original price:

M=(398.25-295)/295

M=103.25/295

M=0.35=color(green)(35%)

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