I usually don't do this because I firmly believe this category shouldn't even be here and kids should be doing their own homework. But you asked nicely, and mostly had good punctuation and grammar, so I will help you. But, I'll help you by showing you how to get the answer and not just giving it to you, ok?
If you subtract $75 from $60 you get $15, right? So if you divide that $15 by the original $60, you get .25 which is 25%. And to verify it, you take your original $60 jacket, multiply it by 25% and add that markup to the $60 and you get $75. So, the markup is 25%.
2006-11-29 12:18:32
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answer #1
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answered by Cyndie 6
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Markup = markup rate * cost
so 15 = x * 60
so 15 /60= x = .25
so 25%
edited since I used 75 instead of 60 as the cost the first time. sorry.
2006-11-29 12:18:54
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answer #2
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answered by tendrel 3
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Markup Rate
2016-11-14 04:06:42
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answer #3
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answered by ? 4
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Just to be clear:
Markup is the difference between cost and retail (selling price) expressed as a percentage of the cost.
Margin is the difference between cost and retail (selling price) expressed as a percentage of the retail (selling price).
In this case you are looking for the markup rate (%). The difference between the two prices is $15 which is 25% of the cost, therefore the markup rate (%) is 25%.
2006-11-29 12:27:02
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answer #4
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answered by David VM 1
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60+(60*x)=75
60x=15
x=15/60
x=.25 multiply that by 100% and get 25% markup.
2006-11-29 12:21:53
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answer #5
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answered by hockey 2
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Its not that hard:
1. What is the difference between $60 and $75?
2. take that number as a percentage.
Good luck
2006-11-29 12:15:58
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answer #6
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answered by ? 6
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75-60= $15...60/15=4...60/4=25%
2006-11-29 12:15:47
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answer #7
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answered by sweetsistah 2
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8% 60/75=.8
2006-11-29 12:14:48
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answer #8
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answered by guys_are_ so_stupid 1
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25%
2006-11-29 12:16:08
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answer #9
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answered by Anonymous
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20%
2006-11-29 12:18:15
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answer #10
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answered by Detcil P 1
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