Store owner buys hoodie for 16 dollars and sells it for 72 dollars what is the percent of the markup Question Store owner buys hoodie for 16 dollars and sells it for 72 dollars what is the percent of the markup in progress 0 Math Delilah 3 months 2022-02-19T01:35:56+00:00 2022-02-19T01:35:56+00:00 2 Answers 0 views 0

## Answers ( )

This is an example of a percent change question.

Formula:

new price – old price / old price= 72-16/16

= 56/16

= 3.5

Multiply by 100%.

3.5 * 100% = 350%

Therefore,

the hoodie was marked up 350%Best of Luck!

Answer:350% mark up

Step-by-step explanation:To find the percent markup

Take the new price and subtract the original price

72-16 =56

Then divide by the original amount

56/16

3.5

Change to percent form

350%