Markup is measured either as a percentage of ____ or a percentage of ____.
A) selling price; cost
B) cost; profit
C) revenue; contribution margin
D) resources used; cost
E) demand; competition

Question

Quizplus · Accepted Answer

Markup is typically calculated as a percentage of the cost or the selling price. Option A presents the two most common ways of measuring markup.

Markup Is Measured Either as a Percentage of ____ or a Percentage