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In Mathematics / Middle School | 2014-10-20

The markup for a $75 golf club is $80. Find the percent of the markup.

Asked by Delphox77

Answer (2)

so from 75 to 80 and 75 is 100%
80-75=5 5 is x% of 75 x%=percent markup 5=x% times 75 % means parts out of 100 so x%=x/100 5=x/100 times 75 5=75x/100 75x/100=75/100 times x 75/100=3/4 5=3/4x multiply both sides by 4/3 20/3=x 6.6666% the percent mark up is 6.6666%

Answered by apologiabiology | 2024-06-10

The percent markup on the $75 golf club with an $80 markup is approximately 106.67%. This value is calculated by dividing the markup amount by the cost price and then multiplying by 100. Therefore, the markup is more than the original cost, indicating a high percentage of markup.
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Answered by apologiabiology | 2025-04-05