Author Question: Kohl's pays 16.50 for a six-ounce bottle of cologne and sells it for 25.95. Its markup as a ... (Read 183 times)

lb_gilbert · **on:** Jun 29, 2018

Kohl's pays 16.50 for a six-ounce bottle of cologne and sells it for 25.95. Its markup as a percentage of cost is approximately ____ for this product.
A) 64
B) 36
C) 18
D) 57
E) 45

Question 2

A retailer of Real Dry deodorant prices it at 2.00; it costs the retailer 1.40. What is the approximate markup as a percentage of selling price?
A) 3
B) 14.3
C) 30
D) 70
E) 20