Inactive Tutor answered • 06/30/18
Tutor
New to Wyzant
68% of $11,531.25 is $7,841.25. the markup from the cost (which is $3,690) is 7841.25/3690 = 2.125 the markup is 2.125 (or 212.5%)
Kaitlin L.
asked • 06/30/18College Math Homework
A purchaser paid $11,531.25 for a piano that originally cost $3,690. If the markup was 68% of the $11,531.25 selling price, then what is the percent markup based on cost? Round to the nearest tenth percent.
Follow
•
2
Add comment
More
Report
1 Expert Answer
Still looking for help? Get the right answer, fast.
Ask a question for free
Get a free answer to a quick problem.
Most questions answered within 4 hours.
OR
Find an Online Tutor Now
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.
