Ask Question
6 August, 22:04

If the cost to make bracelets is $5 each and you want to profit $2 on the sale of each bracelet. what is your mark-up as a percent on each bracelet

+1
Answers (1)
  1. 6 August, 22:27
    0
    Mark-up is the amount that is added over the original value in order to cover for the operating cost or the profit. This can be calculated by dividing the profit by the initial cost and multiplying the quotient by 100.

    m = (2/5) (100%)

    Simplifying,

    m = 40%

    Answer: 40%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If the cost to make bracelets is $5 each and you want to profit $2 on the sale of each bracelet. what is your mark-up as a percent on each ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers