A set of speakers that costs $91 sells for a 25% markup based on the cost. What is the markup of the speakers?
A) $364.00
B) $113.75
C) $72.80
D) $22.75

Name: A set of speakers that costs $91 sells for a 25% markup based on the cost. What is the markup of the speakers? A) $364.00 B) $113.75 C) $72.80 D) $22.75
Brand: Quizplus
Rating: 4.9 (26 reviews)

Question

Quizplus · Accepted Answer

The markup on the speakers is calculated as 25% of the cost price, which is 25% of $91 = $22.75.

A Set of Speakers That Costs $91 Sells for a 25