David sells adding machines for $99.95 that cost $62. What is David's percent markup on selling price?

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Round to the nearest hundredth percent!

2007-09-26 08:25:59 · 3 answers · asked by Anonymous in Science & Mathematics ➔ Mathematics

99.95 - 62 = 37.95

37.95/62 = 61.201%

2007-09-26 08:28:27 · answer #1 · answered by suspendedagain300 6 · 0⤊ 0⤋

He is marking up the price by 37.95 (99.95 - 62)

That is a total percentage of 61.2% (37.95 / 62)

2007-09-26 15:29:52 · answer #2 · answered by jibba.jabba 5 · 0⤊ 0⤋

% = (99.95 - 62)62

% = 61.21
.

2007-09-26 15:30:22 · answer #3 · answered by Robert L 7 · 0⤊ 0⤋