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The Sports Brand Company is making a new shoe that has a wholesale price of $60,
and it wishes to advertise a retail price of $150. What is the markup percentage?
Give answer to nearest whole percent.

Respuesta :

The mark up percent on the retail price is 150%.

How to calculate the percentage?

Since the Sports Brand Company is making a new shoe that has a wholesale price of $60,

and it wishes to advertise a retail price of $150,the markup will be:

= $150 - $60

= $90

Therefore the markup percentage will be:

= Mark up/ Original price × 100

= 90/60 × 100

= 3/2 × 100

= 150%

Learn more about percentages on:

brainly.com/question/19247356

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