If the cost of one unit of product is $12 and the store sells the product for $22, what is the markup percentage?
32 percent
41 percent
45 percent
21 percent
66 percent
Correct Answer:
Verified
Q7: What is "markup"?
Markup is the point at
Q8: The pricing strategy that is used to
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Q10: Which of the following is correct with
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Q13: The amount added to a product's cost
Q14: Which of the following is correct with
Q15: What are the two main pricing objectives
Q16: How is markup percentage calculated?
By dividing the
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