Saturday, January 14, 2012

How do you calculate a percentage markup?

If I buy something for 15p and sell it for 拢2.99 - how can I calculate the markup percentage?How do you calculate a percentage markup?
Divide the difference by the original price.

299-15 = 284

284/15 = 18.93333333...

So, 1893.3333...% or (1893and1/3)%

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