05-08-2019
Mathematics

contestada

Antonio sold skis for $220. His
wholesale cost was $165. What was the
percent markup?

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05-08-2019

Answer:

Antonio paid $220 for skis he sold for $165, so his profit was $55.

Markup is a percentage increase from the wholesale price,

so let's find the percentage of $55 to $165:

$55/$165 = 33% .

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