Question

Find the percent markup based on selling price, if the percent markup based on the cost is 14%. (Round to the nearest tenth percent.)

Answer 1

1.14c = s
c = s/1.14 = .877s
so, there is a 12.3% markup based on selling price.

Answer 2

a.the markup. (1 Mark)
the percent of markup on selling price. (1 Mark) c. the percent of markup on cost. Round to the nearest tenth of a percent. (1

Answer 3

3.Selesa Shoes offers a women's stylish sneakers for RM589.99. If the sneakers cost RM3,900.52 per dozen, find;
a.the markup. (1 Mark)
the percent of markup on selling price. (1 Mark) c. the percent of markup on cost. Round to the nearest tenth of a percent