Which of the following represents the markup on a scarf that costs $4 and sells for $6?
A) 50%
B) 33 1/3%
C) 40%
D) 20%

Name: Which of the following represents the markup on a scarf that costs $4 and sells for $6? A) 50% B) 33 1/3% C) 40% D) 20%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The markup is calculated as the difference between the selling price and the cost price, divided by the cost price. Here, the markup is ($6 - $4) / $4 = $2 / $4 = 0.5, which is 50%.

Which of the Following Represents the Markup on a Scarf