An item has a 30.1% markup based on selling price. What is the equivalent markup percent based on th

rolpace88

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An item has a 30.1% markup based on selling price. What is the equivalent markup percent based on th

An item has a 30.1% markup based on selling price. What is the equivalent markup percent based on the cost?
A) 56.9%
B) 76.9%
C) 23.1%
D) 43.1%

Textbook

Business Math

Edition: 10^th

Authors: Cleaves, Hobbs, Noble

Read 818 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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