A merchant buys a television for $125 and sells it for a retail price of $200. What is the markup?

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Answer 1 · 2016-11-09T11:51:28

The markup of $$75$ is a $60%$ increase.

To calculate any percent change (which is what I assume you are asking here?), the method is:

$% "change" = "amount of change"/"original amount" xx 100%$

The actual mark up from $$125 to $200$ is simply the difference:

Markup = $$200-$125 = $75$

the percent markup is :

$75/125 xx100%$

$=60%$