An office supply store can buy a desk for $300.If the store owner sells the desk for $450,what is the markup based on the selling price?
A) 15 percent
B) 20 percent
C) 25 percent
D) 33 percent
E) 50 percent

Name: An office supply store can buy a desk for $300.If the store owner sells the desk for $450,what is the markup based on the selling price? A) 15 percent B) 20 percent C) 25 percent D) 33 percent E) 50 percent
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Price - Cost = Markup
$450 - $300 = $150
$150 ÷ $450 = 33% markup

An Office Supply Store Can Buy a Desk for $300