Author Question: If the cost is 8.59 and the selling price is 14.19, what is the markup amount? A) 22.78 B) 14.19 ... (Read 116 times)

Beheh · **on:** Jun 24, 2018

If the cost is 8.59 and the selling price is 14.19, what is the markup amount?
A) 22.78
B) 14.19
C) 5.60
D) 1.65

Question 2

Which statement is true?
A) Selling price equals cost minus markup amount.
B) Markup amount equals cost plus markdown.
C) Markup amount equals cost minus selling price.
D) Selling price equals cost plus markup amount.