Kia thinks she can make her new product for $5.80. She plans to sell for $12. what is her percent mark up?

First, count the difference of the cost production and the selling cost

difference = 12 - 5.8

difference = 6.2

Second, transform the difference to percentage

percentage = difference/product cost * 100%

percentage = 6.2/5.8 * 100%

percentage = (620/5.8) %

percentage = 106.9%

The mark up cost is 106.9%