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The mark-up for a 75 dollar golf club is 80 dollars. Find the percent of the mark-up.
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%
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