When calculating a markup on cost,________ is always equal to 100%.
A) cost
B) margin
C) selling price
D) markup

Name: When calculating a markup on cost,________ is always equal to 100%. A) cost B) margin C) selling price D) markup
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Question

Quizplus · Accepted Answer

When calculating a markup on cost, the cost is always considered 100% as it is the base value to which the markup percentage is applied to determine the selling price.

When Calculating a Markup on Cost,________ Is Always Equal to 100