Beaufort Ltd is introducing a new range of products. It has established that the target selling prices of the three products are $120, $150 and $210. Beaufort requires a profit mark-up on cost of 33.3 per cent for all its products. What percentage of the target prices is the target cost in each case?
A) 50%
B) 60%
C) 66.7%
D) 75%

Question

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The Answer of Beaufort Ltd is introducing a new range of products. It has established that the target selling prices of the three products are $120, $150 and $210. Beaufort requires a profit mark-up on cost of 33.3 per cent for all its products. What percentage of the target prices is the target cost in each case?
A) 50%
B) 60%
C) 66.7%
D) 75%

Beaufort Ltd Is Introducing a New Range of Products