Question
A $20 shirt is sold off at $40, the mark-up is _________%.
- 100%
- 105%
- 30%
- 40%
The correct answer is: 100%
STEP BY STEP SOLUTION
Original price of shirt = $20
Selling price of shirt = $40
Change in the price of shirt = Selling price - Original price
Change in the price of shirt = 40 - 20 =$20
Mark-up % =
× 100 = 1 × 100= 100%
MARK-UP % = 100%
.
Related Questions to study
The strength of a class increased from 150 to 275 in two years. The percent mark-up is _________.
The strength of a class increased from 150 to 275 in two years. The percent mark-up is _________.
A $400 article is marked down by 11%. Determine the sale price.
A $400 article is marked down by 11%. Determine the sale price.
The sales tax on any item in the restaurant is 4%. ______ is the total price if muffin costs $8.
The sales tax on any item in the restaurant is 4%. ______ is the total price if muffin costs $8.
Walmart buys pillows from a local shop at $30 and sells them off at 10% profit. Determine the selling price.
Walmart buys pillows from a local shop at $30 and sells them off at 10% profit. Determine the selling price.
An article is sold for 30% gain on its base price of $250. _____ is its selling price.
An article is sold for 30% gain on its base price of $250. _____ is its selling price.
A car’s mileage used to be 30 miles per gallon. Due to some reason, it was decreased by 60%. Determine the present mileage.
A car’s mileage used to be 30 miles per gallon. Due to some reason, it was decreased by 60%. Determine the present mileage.
________ is 175% of 2000.
________ is 175% of 2000.
The price of share went down from $82 on Tuesday to $47 on Wednesday. The mark down is ___%.
The price of share went down from $82 on Tuesday to $47 on Wednesday. The mark down is ___%.
The size of a snake increases from 60 inches to 90 inches in three years. The mark-up is _________%.
The size of a snake increases from 60 inches to 90 inches in three years. The mark-up is _________%.
A worker gets paid $50 per day, if her owner decides to pay $70, determine the percent mark-up.
A worker gets paid $50 per day, if her owner decides to pay $70, determine the percent mark-up.
Holmes sold his $40 table for $90 over an online platform. The percent mark-up is _______.
Holmes sold his $40 table for $90 over an online platform. The percent mark-up is _______.
A $350 is marked down by 20%. Determine the sale price.
A markdown is done if there is error while deciding the initial price. It is also done to promote the sale.
A $350 is marked down by 20%. Determine the sale price.
A markdown is done if there is error while deciding the initial price. It is also done to promote the sale.
A burger priced at $40 is given at a 10% discount, and a 1.2% sales tax is added. Determine the final selling price.
Mark-up means increase in the original price. Markdown is decrease in the origin price.
A burger priced at $40 is given at a 10% discount, and a 1.2% sales tax is added. Determine the final selling price.
Mark-up means increase in the original price. Markdown is decrease in the origin price.
If 1200 lbs. is reduced to 750lbs. Determine the percent markdown.
Markdown in general is decrease in original value. We have to be careful of value is decreasing or increasing.
If 1200 lbs. is reduced to 750lbs. Determine the percent markdown.
Markdown in general is decrease in original value. We have to be careful of value is decreasing or increasing.