A 100 percent markup at cost equals what markup at retail?
A)20 percent
B)40 percent
C)50 percent
D)80 percent

Question

Quizplus · Accepted Answer

To find the markup at retail, we first need to understand that a 100% markup at cost means doubling the cost price. So, if the cost price is x, then the selling price at 100% markup will be 2x.

Now, we can find the markup at retail by using the formula:

Markup at retail = Selling price - Cost price

Markup at retail = 2x - x

Markup at retail = x

So, the markup at retail is equal to the cost price, which means it is also a 100% markup at retail.

Therefore, the answer is C) 50%.

A 100 Percent Markup at Cost Equals What Markup at Retail