# The Mark-up Percentage Calculation for Wooden Stools

What is the mark-up percentage for the wooden stools purchased by the store manager?

The manager of the store has a mark-up percentage of approximately 199.0% on the wooden stools. This means that the selling price is about 199.0% higher than the cost price.

## Calculating Mark-up Percentage

**1. Find the Mark-up Amount:**The difference between the selling price and the cost price is calculated as: $41.86 - $14 = $27.86

**2. Calculate the Mark-up Percentage:**To find the mark-up percentage, we divide the mark-up amount by the cost price and multiply by 100: Mark-up Percentage = ($27.86 / $14) * 100 ≈ 199.0% Therefore, the mark-up percentage for the wooden stools is approximately 199.0%. This percentage reflects how much higher the selling price is compared to the cost price, allowing the store to cover expenses and generate a profit on each stool sold.