contestada

A wholesaler sells a guitar for $1,375.60. What is the percent markup based on cost if the wholesaler paid $760 for the guitar?

Respuesta :

abidemiokin

The percent markup based on cost if the wholesaler paid $760 for the guitar is 81%

Percent markup

Given the following parameters

Cost price = $760

Selling price = $1375.60

Determine the markup percent

Mark up percent = SP-CP/CP * 100

Substitute

Markup percent = 1375.60-760/1375.60 * 100

Markup percent = 0.81

Markup percent = 81%

Hence the percent markup based on cost if the wholesaler paid $760 for the guitar is 81%

Learn more on mark up percent here: https://brainly.com/question/19169429

#SPJ1

Otras preguntas