Mac Cosmetic sells a lip gloss for $15.50, but it only costs the company $6 to make it what is the percentage markup on the lip gloss?

Question

Mac Cosmetic sells a lip gloss for $15.50, but it only costs the company $6 to make it what is the percentage markup on the lip gloss?

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Kim Cúc 5 years 2021-08-03T05:39:41+00:00 1 Answers 21 views 0

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  1. King
    0
    2021-08-03T05:41:00+00:00
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    Answer:

    158%

    Step-by-step

    $15.50 – $6 = $9.50 < Profit

    Now To find The Percentage of the markup on the lip gloss?

    You Divide $9.50  by $6 And You Will Get This 1.58333333333

    For A Percent You Move The Decimal Point Back Two Spots And You Get

    158%

    I Hope You Understand and i hope i helped you

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