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ind the percent, tax,
A website is selling fancy watches for $1,121. The site got the fancy watches at a cost of
$380. What percentage is the mark-up?
Write your answer using a percent sign (%).
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Answer :

GinnyAnswer
To determine the percentage mark-up, follow these steps:

1. Identify the initial cost and the selling price:
- Initial cost: [tex]$380 - Selling price: $[/tex]1,121

2. Calculate the mark-up:
- The mark-up is the difference between the selling price and the initial cost.
- Mark-up = Selling price - Initial cost
- Mark-up = [tex]$1,121 - $[/tex]380
- Mark-up = [tex]$741 3. Calculate the percentage mark-up: - The percentage mark-up is calculated by dividing the mark-up by the initial cost and then multiplying by 100 to convert it to a percentage. - Percentage mark-up = (Mark-up / Initial cost) * 100 - Percentage mark-up = ($[/tex]741 / $380) 100

4. Simplify the calculation:
- Percentage mark-up = 1.95 100
- Percentage mark-up = 195%

The percentage mark-up is 195%.

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