



 
Hi Sher, The markup is $\$85,495.25  \$32,500 = \$52,995.25.$ But you want the markup as a percentage. My question is a percentage of what? For markup I expect you want to express it as a percentage of the cost. The markup you have, expressed as a fraction of the cost is \[\frac{\$52,995.25}{\$32,500}.\] To express this fraction as a percentage multiply it by 100. Penny  


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