The selling price for a speedboat is $25,869.57. What percent of the sale price is the markup if the cost of the speedboat was $11,900? Round to the nearest whole percent.
Do not enter the percent symbol in your answer
markup = 25,869.57 - 11,900 = 13,969.57
13,969.57 * 100 / 25,869.57
= 54