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Mathematics
Percentages
Markup
At The Luminary, the markup on a halogen light fixture is 50% based on selling price. What is the corresponding percent markup based on cost
1 answer
since cost is only 50% of the selling price, the price is twice the cost; there is a 100% markup based on cost
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At The Luminary, the markup on a halogen light fixture is 50% based on selling price. What is the corresponding percent markup
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To find the corresponding percent markup based on cost, you can use the following formula: Markup
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At The Luminary, the markup on a halogen light fixture is 50% based on selling price. What is the corresponding percent markup
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An item has a 45% markup based on selling price. What is the equivalent markup percent based on the cost?
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If the selling price is 45% profit, then it is 55% cost. So, the markup is 44/55 = 80% use similar
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