contestada

Assume markup is based on cost. Find the dollar markup and selling price for the following problem. (Round your answers to the nearest cent.)

Cost: $2,000
Markup percent: 30%

Respuesta :

The selling price is $2600 .

What is the meaning of Markup ?

Markup is difference between the selling price and cost price of the good.

It is given that Cost is $2000 , Markup % = 30%

The selling price =  x% * 2000

The selling price = 130 * 2000 / 100

Selling price = $2600

Therefore the selling price is $2600 .

To know more about Markup

https://brainly.com/question/11999225

#SPJ1