SOLUTION: Is a percent increase of a set of golf clubs from 250 to 750 the same as a markup rate of 200%?

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Question 1107540: Is a percent increase of a set of golf clubs from 250 to 750 the same as a markup rate of 200%?
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
Is a percent increase of a set of golf clubs from 250 to 750 the same as a markup rate of 200%?
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Not exactly.
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An increase in price of a set of golf clubs from 250 to 750 is the same as a markup rate of 200%?