What is the markup percent on a diamond for which the markup is and the selling price is?

What is the markup percent on a diamond for which the markup is 1785$ and the selling price is $4785?





A. 58 1/2%


B. 54%


C. 59 1/2%


D. 61 3/4%





Please explain how you get the answer and how you make the answer into a mixed number





thanks in advance|||4785 - 1785 =3000 Original cost of D.


1785/3000 = 0.595 * 100% =59.5% markup


your answer is C.





For mixed number: (1785 * 100)/3000


178500/3000 =59 1/2|||the markup is 1785 and the selling price is 4785





so the original price is 4785-1785 = 3000





so 1785/3000 x 100 is the percentage of the markup.





You'll have to do the calculation.|||cost price = 3000





mark up as a % = 1785/3000 x 100%


= 59.5% or c





You always need to take the increase as a fraction of teh cost price, then multiply by 100%