[Answered] The markup percentage of an item costing 12 and retailing at 20 is: a. 25 b. 40 c. 60 d. ...

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Author Question: The markup percentage of an item costing 12 and retailing at 20 is: a. 25 b. 40 c. 60 d. ... (Read 273 times)

craiczarry

Hero Member
Posts: 527

on: Sep 11, 2018

The markup percentage of an item costing 12 and retailing at 20 is:

a. 25
b. 40
c. 60
d. 75

Question 2

The markup percentage for an item costing 6 and retailing at 24 is:

a. 25
b. 40
c. 60
d. 75

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Natalie4ever

Sr. Member
Posts: 335

Reply #1 on: Sep 11, 2018

Answer to Question 1

B

Answer to Question 2

D

craiczarry

Hero Member
Posts: 527

Reply #2 on: Sep 11, 2018

Both answers were spot on, thank you once again

Natalie4ever

Sr. Member
Posts: 335

Reply #3 on: Sep 11, 2018

Great! Please up vote

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Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.

Author Question: The markup percentage of an item costing 12 and retailing at 20 is: a. 25 b. 40 c. 60 d. ... (Read 273 times)

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