An entrepreneur buys some sets of dishes. Each one costs $35 and resells online for $62. What is the mark-up, as a percentage?
Round your answer to the nearest percent and include a percent sign (%).
The entrepreneur's mark-up on each set of dishes is $62 - $35 = $<<62-35=27>>27.
To find the mark-up as a percentage, divide the mark-up by the cost price and multiply by 100: 27 / 35 * 100 = 77.14%.
Rounding to the nearest percent gives 77%.