SOLUTION: neal wall bought a computer from a.c. Suppliers for $1200. Neal plans to resell the computer for $1800. what is neal wall's dollar markup and his percent markup on cost?

SOLUTION: neal wall bought a computer from a.c. Suppliers for $1200. Neal plans to resell the computer for $1800. what is neal wall's dollar markup and his percent markup on cost?

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Question 958196: neal wall bought a computer from a.c. Suppliers for $1200. Neal plans to resell the computer for $1800. what is neal wall's dollar markup and his percent markup on cost?
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
Cost=$1200 Price=$1800
$1800-$1200=$600 ANSWER 1: Dollar mark-up is $600.
($600/$1200)(100%)=50% ANSWER 2: Percent mark-up is 50%.
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