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    abercrombie7729's Avatar
    abercrombie7729 Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 21, 2008, 04:35 PM
    How do u find markup?
    A jewellery store purchases earrings form a manufacturer for $5 each. If the store sells the earrings for 12.50 each, what is the precent markup?
    a. 75%
    b. 125%
    c. 150%
    d. 200%
    ISneezeFunny's Avatar
    ISneezeFunny Posts: 4,175, Reputation: 821
    Ultra Member
     
    #2

    Apr 21, 2008, 04:40 PM
    Use this formula:

    Cost + cost*(percent markup/100) = price

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