math ixl its homework

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A store employee notices that playground slides that cost his store $360 are being sold for $954. What is the mark-up, as a percentage?

Write your answer using a percent sign (%).

Answer 1

Markup percentage is calculated by dividing profit by cost and multiplying by 100%.

(954 - 360)/360 * 100% = 165% markup.

Check your answer by adding the original price (cost), and 1.65 times the original price (markup in dollars):

360 + 1.65*360 = 954