If a wholesaler's markup on selling price is 50 percent, what is the markup on cost?
A) 33 1/3%
B) 66 2/3%
C) 50%
D) 100%
E) Cannot be determined without knowing the dollar amount of the markup.

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The Answer of If a wholesaler's markup on selling price is 50 percent, what is the markup on cost?
A) 33 1/3%
B) 66 2/3%
C) 50%
D) 100%
E) Cannot be determined without knowing the dollar amount of the markup.

If a Wholesaler's Markup on Selling Price Is 50 Percent