Answer:
69.47%
Step-by-step explanation:
Calculation to determine Find the percent of markup
Using this formula
Percent of markup=New price-Old price/Old price
Let plug in the formula
Percent of markup=$15.95-$4.87/$15.95
Percent of markup=$11.08/$15.95
Percent of markup=0.6947*100
Percent of markup=69.47%
Therefore the percent of markup is 69.47%
