Please check my answer thanks.

Question

1. Convert a 30 % markup percent on the cost to markup percent on the selling price. Round to the nearest hundredth percent.

A. 25.08 %
B. 13.08%
C. 23.08%
D. 13.80%

I got B. 13.08%

Answer 1

Illustrate with an example.
Suppose you have a cost price of $100
markup based on cost of 30% gives you a selling price of $130 and
a profit of $30

what is that based on the selling price ?
30/130 = .2308 or 23.08%