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A department buys 300 shirts at a cost of $1,800 and sells them for $10 each.Find the percent markup rounded to the nearest percent

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Karimx13
The answer is 16.6% I’m not sure if you want to round but that’s what comes out if you do the math
12AbhishekVerma13
Cp of 300 shirts = $1800
Cp of 1 shirt = [tex] \frac{1800 }{300} = 6[/tex]

Profit/Gain = Sp - Cp
= $10 - $6 = $4

Profit/Gain % = [tex] \frac{profit}{cp} \times 100[/tex]
[tex] = \frac{4}{6} \times 100 \\ = \frac{2}{3} \times 100 \\ = 2 \times 33.33 \\ = 66.66\%[/tex]

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