Math

The owner of an electronics store received a shipment of MP3 players at a cost of $64.25 each. If he sells the MP3 players for $99.99 each, what is the percent of markup? Round to the nearest whole percent.
A. 6%
B. 36%** (my answer)
C. 56%
D. 62%

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  1. Right now, I'm in between B and C.

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  2. I know my answer can't be A, though.

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  3. Oh, I think it's actually C! :0

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  4. That's better

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  5. (99.99/64.25) * 100% = 156%.
    Markup = 156% - 100% = 56%.

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