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Asked by Angela

A good purchased for $480 sells for $700. If the store's operating expenses are 30% of cost, what is the percentage markup on cost?
A. 1.5%

B. 10.57%

C. 15.83%

D. 45.83%


c
11 years ago

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Answered by Angela
it is D
11 years ago
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Question

A good purchased for $480 sells for $700. If the store's operating expenses are 30% of cost, what is the percentage markup on cost?
A. 1.5%

B. 10.57%

C. 15.83%

D. 45.83%


c

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