The markup percentage is
A) 20.69%.
B) 22.59%.
C) 25%.
D) 26.09%.

Name: The markup percentage is A) 20.69%. B) 22.59%. C) 25%. D) 26.09%.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Markup percentage = (Markup/Wholesale price)×100
We are given, Retail price = $850 and Wholesale price = $675
Markup = Retail price - Wholesale price = $850 - $675 = $175
Markup percentage = (175/675)×100 ≈ 26.09% (rounded to two decimal places)

The Markup Percentage Is