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

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Question 1180408: Is a percent increase of a set of golf clubs from $250 to $750 the same markup rate af 200%? Explain.

Found 3 solutions by MathLover1, MathTherapy, ikleyn:
Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!

calculate what is a percent increase from $250 to $750
250+%2B%28x%2F100%29250=+750
250+%2B250x%2F100=+750
250+%2B5x%2F2=+750
5x%2F2=+500
x=+%282%2A500%29%2F5
x=200

yes, it is the same markup rate of 200%

Answer by MathTherapy(10555) 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 markup rate af 200%? Explain. 
In this case, it's the same as asking, is matrix%281%2C3%2C+%28750+-+250%29%2F250%2C+%22=%22%2C+2%29?

If it is, then the statement is TRUE!

Answer by ikleyn(52817) About Me  (Show Source):
You can put this solution on YOUR website!
.

In real life,  nobody and never uses percentage figures more than  200%  to describe real situation.


            Surely,  in that my statement I mean adequate people in healthy mind.


Every human language has other,  mode adequate tools and means to express it.


So,  using percentage figures more than  200%  is the scholastic exercises,  that have no any relations to real life.