Solve the problem
-A store manager paid $113 for an item and set the selling price at $150.29. What was the percent Markup?
A) 35%
B) 34%
C) 33%
D) 24%

Name: Solve the problem -A store manager paid $113 for an item and set the selling price at $150.29. What was the percent Markup? A) 35% B) 34% C) 33% D) 24%
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Question

Quizplus · Accepted Answer

The percent markup is calculated as ((Selling Price - Cost Price) / Cost Price) * 100. Here, ((150.29 - 113) / 113) * 100 = 33%.

Solve the Problem -A Store Manager Paid $113 for an Item and Set