If a markup is based on selling price, then the _________ is the base and represents 100%.

rolpace88

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9 years ago

If a markup is based on selling price, then the _________ is the base and represents 100%.

If a markup is based on selling price, then the _________ is the base and represents 100%.
A) cost
B) selling price
C) markup
D) margin

Textbook

Business Math

Edition: 10^th

Authors: Cleaves, Hobbs, Noble

Read 163 times

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Million

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rolpace88 Author

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9 years ago

Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.

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Million

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9 years ago

Great, please mark the topic solved!

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