Grasshopper Games purchases video game consoles at a price of $200 each. They then sell the consoles for $425 each. The amount of the markup was $225. The percent markup (rounded to two decimal places) based on selling price was 52.94% True or False

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter1: Foundations
Section1.4: Decimals
Problem 1.80TI: Convert each: (a) percent to a decimal: 3%, 91%, and 8.3%. (b) decimal to a percent: 0.41, 2.25, and...
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Grasshopper Games purchases video game consoles at a price of $200 each. They then sell the consoles for $425 each.
The amount of the markup was $225.
The percent markup (rounded to two decimal places) based on selling price was 52.94%
True or False    
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