IdI0tL0sEr IdI0tL0sEr

19-02-2021
Mathematics

contestada

A ceramic vase that cost an antique store $7 was marked $63. What is the percentage markup on the price of the ceramic vase?
A-56%
B-900%
C-800%
D-44%

Respuesta :

sqdancefan sqdancefan

19-02-2021

9514 1404 393

Answer:

C) 800%

Step-by-step explanation:

The markup amount is the difference between the selling price and the cost:

markup = selling price - cost

markup = $63 -7 = $56

The percentage markup relative to the cost is ...

markup/cost × 100%

= ($56)/($7) × 100%

= 8×100% = 800%

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