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A computer store purchased a computer system for $465. It sales the computer for $776. What is the percent markup?

Sagot :

We will determine the percent markup as follows:

[tex]776-465=311[/tex]

They increased by $311, now we determine the percentage that 311 represents:

[tex]x=\frac{311\cdot100}{465}\Rightarrow x=\frac{6220}{93}\Rightarrow x\approx66.9[/tex]

From this, we have that the percent markup was about 66.9%.