missfabulous
missfabulous missfabulous
  • 23-03-2022
  • Mathematics
contestada

the selling price of a product is $20 and the markup is $4 What percentage of the selling price does the markup represent

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allisonemmasu8
allisonemmasu8 allisonemmasu8
  • 23-03-2022

Answer:

20%

Step-by-step explanation:

The ratio of 20 to 4 can be simplified to 5:1, by switching it around, we get 1/5. 1/5 as a percentage can be expressed as 20%

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Nonportrit
Nonportrit Nonportrit
  • 23-03-2022

Answer:

20%

Step-by-step explanation:

Given the following question:

20% of 20

To find the answer we will use the formula to calculate percentages.

[tex]\frac{p\times n}{100}[/tex]
[tex]\frac{20\times20}{100}[/tex]
[tex]20\times20=400[/tex]
[tex]400\div100=4[/tex]
[tex]=4[/tex]

20% of 20 is 4, which means your answer is "20%."

Hope this helps.

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