Mary sells baked goods.  If it costs her 4.50 dollars to make a batch of one dozen muffins and she sells them for 15 dollars, what is her percent of markup on the muffins?  Round your answer to the nearest whole percent?

To find the percent markup on the muffins, we use the formula:

\[
\text{Percent Markup} = \left( \frac{\text{Selling Price} - \text{Cost Price}}{\text{Cost Price}} \right) \times 100
\]

1. **Cost price (CP):** $4.50
2. **Selling price (SP):** $15.00

Now, calculate the difference between the selling price and the cost price:

\[
SP - CP = 15 - 4.50 = 10.50
\]

Next, we find the percent markup:

\[
\text{Percent Markup} = \left( \frac{10.50}{4.50} \right) \times 100 = 2.33 \times 100 = 233\%
\]

Therefore, the percent markup is approximately **233%**.

Would you like more details, or do you have any further questions?

Here are 5 related questions for further practice:
1. What would the markup be if Mary increased her selling price to $20?
2. If the cost to make the muffins rises to $6.00, what would the new markup percentage be at the same selling price?
3. How much profit does Mary make per dozen muffins?
4. If Mary wants to maintain a 300% markup, what should her new selling price be?
5. How would the markup change if she offered a 10% discount on the selling price?

**Tip:** Markup percentage is always based on the cost price, while profit percentage can be based on either cost or selling price, depending on the scenario.

Mary sells baked goods. If it costs her 4.50 dollars to make a batch of one dozen muffins and she sells them for 15 dollars, what is her percent of markup on the muffins? Round your answer to the nearest whole percent?

Find out how to calculate the percent markup for Mary's muffins. With a cost price of $4.50 and a selling price of $15, learn how to use the percent markup formula to arrive at a markup of 233%. Suitable for students in Grades 6-8.

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