58.8 is how many percent??

igor_iv837

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Aug 30, 2008
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How do u convert 58.8 into percent? the answer is 60%. from 156.80-98=58.8 But the answer is 60% Percent. In problem i need to find the mark up rate....can anybody help?
 
I think that you're asking the wrong question ...

igor_iv837 said:
How do u convert 58.8 into percent? the answer is 60%. from 156.80-98=58.8 But the answer is 60% Percent. In problem i need to find the mark up rate....can anybody help?

Hi Igor:

That's not the right way to ask your question because 58.8 is not the percent; it's the difference between the old amount and the new amount.

I'm guessing that your exercise says something like the following.

"The price of a coat is marked up from $98.00 to $156.80. Find the mark-up rate as a percent."

You started out correctly by calculating the difference. Now you need to continue the exercise by asking yourself, "What percent do I need to multiply 98 by in order to get 58.8?"

Do you know how to calculate a percent given two numbers?

~ Mark :)
 
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