A store that buys and sells used video games buys a game at a cost of $415 and sells it at a selling price of $477.25. Find the markup. Then find the percent markup. The percent markup is
$62.25 markup.
The percent markup is 15%.
To find the percent markup, you first calculate the difference between the selling price and the cost:
$477.25 - $415 = $62.25
Then, divide the markup by the cost:
$62.25 / $415 = 0.15
Finally, multiply by 100 to get the percent markup:
0.15 * 100 = 15%