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Mia, an accountant, observes that her company purchased softball bats at a cost of $14 and
is currently selling them at a price of $21. What percentage is the mark-up?
Write your answer using a percent sign (%).

Answer :

5%

(Markup percent/100) × Cost price = Selling price - cost price

=> (Markup percent/100) × $14 = $21 - $14

=> (Markup percent/100) × $14 = $7

=> (Markup percent/100) = $7 / $14

=>

Answer:

5% is the markup

Step-by-step explanation:

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