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If you bought something for 35 but sold it for 50 what would be the percentage markup?
Wiki User
∙ 14y ago
To find the percentage of one number in relation to another number then divide the relative number (in this case 15) by the base number (in this case 35) and multiply the result by 100.
The markup is 15 units based on an original purchase price of 35 units.
The percentage markup is thus 100 x 15/35 = 42.86% (2dp)
Wiki User
∙ 14y ago
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