A Company Has a Selling Price for Its Product of €15

A company has a selling price for its product of €15 and a total cost for each product of €9. The percentage markup and margin are:

A) $\begin{array} { l } \text {Markup }&\text { Margin }\\40\%&66.7\%\end{array}$

B) $\begin{array} { l } \text {Markup }&\text { Margin }\\66.7\%&40\%\end{array}$

C) $\begin{array} { l } \text {Markup }&\text { Margin }\\40\%&60\%\end{array}$

D) $\begin{array} { l } \text {Markup }&\text { Margin }\\60\%&40\%\end{array}$