At outdoor Adventures Clothing Company, all items are marked up to maximize profit. Life preservers cost $23 to buy from the manufacturer. They sell for $35. What is the percent increase on life preservers, to the nearest whole percent?

Respuesta :

Hey there!

35-23/23= 12/23= 

.52

52% increase

Hope this helps!

Answer:

Percent increase on life preservers = 52 %

Step-by-step explanation:

Here we need to find the percent increase on life preservers, to the nearest whole percent.

[tex]\texttt{Percent increase on life preservers=}\frac{\texttt{Selling value- Cost}}{\texttt{Cost}}\times 100\\\\\texttt{Percent increase on life preservers =}\frac{35-23}{23}\times 100\\\\\texttt{Percent increase on life preservers =}\frac{12}{23}\times 100\\\\\texttt{Percent increase on life preservers =}52.17\%[/tex]

Percent increase on life preservers = 52.17 % = 52 %

Percent increase on life preservers = 52 %