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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 106 times)

Beheh

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  • Posts: 520
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.


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bassamabas

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

D


Beheh

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  • Posts: 520
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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