The Sports Brand Company is making a new shoe that has a wholesale price of $60, and it wishes to advertise a retail price of $150. What is the markup percentage? 40% 150% 60% 250%

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter1: Basic Concepts And Properties
Section1.CR: Review Problem Set
Problem 66CR
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The Sports Brand Company is making a new shoe that has a wholesale price of $60, and it wishes to
advertise a retail price of $15O. What is the markup percentage?
40%
150%
60%
250%
Transcribed Image Text:The Sports Brand Company is making a new shoe that has a wholesale price of $60, and it wishes to advertise a retail price of $15O. What is the markup percentage? 40% 150% 60% 250%
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