SOLUTION: if cost $1075 to manufacture a table. if the table sells for $1578.25, what is the percent markup on selling price?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: if cost $1075 to manufacture a table. if the table sells for $1578.25, what is the percent markup on selling price?      Log On


   

Question 791236: if cost $1075 to manufacture a table. if the table sells for $1578.25, what is the percent markup on selling price?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
(1578.25-1075)/1075=0.468=46.8%