SOLUTION: The wedding band sold for $250.00 after a $110.00 mark-up. What percent of the selling price is the mark-up?
a) 79%
b) 44%
c) 227%
d) None of these
Question 184522This question is from textbook Business Mathematics
: The wedding band sold for $250.00 after a $110.00 mark-up. What percent of the selling price is the mark-up?
a) 79%
b) 44%
c) 227%
d) None of these This question is from textbook Business Mathematics
You can put this solution on YOUR website! Selling Price = $ 250
Mark-up Price = $110
What % of selling price is mark-up price?
Let it be x
x/100 0f Selling price = mark-up price
(x/100)*250 = 110
x = 110 * 100/250
= 22 * 2
44
Solution : 44%