If the markup on an oven is 200% based on cost, what is the corresponding percent markup based on selling price?
Round percents to the nearest tenth of a percent. Do not enter the percent symbol in your answer.
2 answers
the selling price is 1/3 cost and 2/3 markup.
At Costco, a microwave is marked up by 30% based on selling price. What is the corresponding percent markup basedon cost? Round to the tenth percent