Henry Donaldson sold kitchen equipment to homeowners although he made his store appear as if it were a restaurant supply store. Henry was selling a meat slicing machine for $480 and it had cost him $168. What was the percent markup percent based on selling price?

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Navdeep Ghuman · Accepted Answer

Final Answer : $480 - $168 = $312 dollar markup;$312 ¸ $480 = 0.65 = 65% markup percent based on selling price

Henry Donaldson sold kitchen equipment to homeowners although he made his store appear as if it were a restaurant supply store. Henry was selling a meat slicing machine for $480 and it had cost him $168. What was the percent markup percent based on selling price?

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