a store buys an item for $10. To earn a profit of $25 what percent does the store need to markup the item?
ur dumb
it would be 350%
To find the percentage the store needs to markup the item, we can use the following formula:
Profit Percentage = (Profit / Cost Price) * 100
In this case, the profit the store wants to earn is $25, and the cost price of the item is $10. Substituting these values into the formula, we get:
Profit Percentage = (25 / 10) * 100
Profit Percentage = 2.5 * 100
Profit Percentage = 250%
Therefore, the store needs to markup the item by 250% in order to earn a profit of $25.
well, the price must be 10+25, or a 250% increase
25 = 10*2.5