Carlos is a boat dealer who bought a sailor for 11,400 and sold it for 12,711 what percent was his markup on a boat

So we have 11400 + 11400*x=12711

this represents the original price plus some percentage of the original price is equal to the new price. now all we need to do is solve for x

so 11400+11400x=12711

subtract 11400 from each side

11400x=1311 now divide both sides by 11400

x=.115 or about 12%

we can. check by finding 12% of the original price.

11400*.12=1368

now add to 11400

11400+1368=12768 so we are a bit over. this is because it is actually 11.5% just depends on how accurate your answer needs to be