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Find the Missing Quantities by First Computing the Markup on One

Question 7

Multiple Choice

Find the missing quantities by first computing the markup on one base and then computing the markup on the other. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
-Find the missing quantities by first computing the markup on one base and then computing the markup on the other. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent. -  A) Markup = $2.36 Selling price = $4.07 % Markup on cost = 36.7% B) Markup = $2.36 Selling price = $8.79 % Markup on cost = 26.8% C) Markup = $3.72 Selling price = $2.71 % Markup on cost = 57.8% D) Markup = $3.73 Selling price = $10.15 % Markup on cost = 57.8%


A) Markup = $2.36
Selling price = $4.07
% Markup on cost = 36.7%
B) Markup = $2.36
Selling price = $8.79
% Markup on cost = 26.8%
C) Markup = $3.72
Selling price = $2.71
% Markup on cost = 57.8%
D) Markup = $3.73
Selling price = $10.15
% Markup on cost = 57.8%

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