a store employee creates a display of crystal sculptures priced at $1,911 apiece. the store paid $910 for…

a store employee creates a display of crystal sculptures priced at $1,911 apiece. the store paid $910 for each crystal sculpture. what is the mark - up percentage? write your answer using a percent sign (%).

a store employee creates a display of crystal sculptures priced at $1,911 apiece. the store paid $910 for each crystal sculpture. what is the mark - up percentage? write your answer using a percent sign (%).

Answer

Explanation:

Step1: Calculate mark - up amount

Mark - up amount = Selling price - Cost price. So, $1911 - 910=1001$.

Step2: Calculate mark - up percentage

Mark - up percentage = $\frac{\text{Mark - up amount}}{\text{Cost price}}\times100%$. Substitute the values: $\frac{1001}{910}\times 100%$. $\frac{1001}{910}\times100%=\frac{100100}{910}% = 110%$.

Answer:

$110%$