Find the percent of markup. Round to the nearest tenth

$31.00 to $35.00

Markup(M) = $35.00 - $31.00 = $4.00

% = $4.00/$31.00 = 0.129 or 12.9%

Is this right?

To find the percent of markup, you can use the following formula:

Markup % = (Selling Price - Cost Price) / Cost Price × 100%

Given that the cost price is $31.00 and the selling price is $35.00,

Markup % = (35.00 - 31.00) / 31.00 × 100%
= 4.00 / 31.00 × 100%
≈ 0.1290 × 100%
≈ 12.9%

Therefore, the percent of markup is approximately 12.9%.

To find the percent of markup, you need to find the difference between the selling price and the cost price (or the original price).

In this case, the cost price is $31.00 and the selling price is $35.00.

The difference between the selling price and the cost price is $35.00 - $31.00 = $4.00.

To find the percent of markup, divide the difference by the cost price and multiply by 100:

($4.00 / $31.00) x 100 ≈ 12.9

Rounding to the nearest tenth, the percent of markup is approximately 12.9%.