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Author Question: Determine the markup percent on a shirt that retails for 58.50 and costs 28.96. a. 46.5 b. 50.5 ... (Read 65 times)

HCHenry

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on: Sep 11, 2018
Determine the markup percent on a shirt that retails for 58.50 and costs 28.96.
 
  a. 46.5
  b. 50.5
  c. 48
  d. 52.9

Question 2

Which cost value is used in calculating maintained markup?
 
  a. Billed cost.
  b. Total cost of merchandise sold.
  c. Gross cost of merchandise sold.
  d. Net cost of merchandise sold.


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poopface

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Reply #1 on: Sep 11, 2018
Answer to Question 1

b. 50.5

Answer to Question 2

c. Gross cost of merchandise sold.


HCHenry

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Reply 2 on: Sep 11, 2018
YES! Correct, THANKS for helping me on my review

aliotak

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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