SOLUTION: A crib costing $180.00 is sold for $200.00. Find te markup.

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Question 170011: A crib costing $180.00 is sold for $200.00. Find te markup.
Found 2 solutions by midwood_trail, Alan3354:
Answer by midwood_trail(310) About Me  (Show Source):
You can put this solution on YOUR website!
A crib costing $180.00 is sold for $200.00. Find the markup.
180/200 = 0.90
Thus, the markup is 90%



Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
A crib costing $180.00 is sold for $200.00. Find te markup.
-----------
It costs $180 and its selling price is $20 more than that.
So it's marked up 20/180 = 0.111111..
= ~ 11%