SOLUTION: A store manager paid $192 for an item and set the selling price at $261.12. What was the percent markup?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A store manager paid $192 for an item and set the selling price at $261.12. What was the percent markup?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1000923: A store manager paid $192 for an item and set the selling price at $261.12. What was the percent markup?

Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
($261.12-$192)/$192 = .36 = 36%
(New-Old)/Old...