If a company is using a 20 percent markup pricing strategy and the unit cost for a product is $80, the selling price would be
A) $100
B) $120
C) $96
D) $400

Name: If a company is using a 20 percent markup pricing strategy and the unit cost for a product is $80, the selling price would be A) $100 B) $120 C) $96 D) $400
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Question

Quizplus · Accepted Answer

If a company is using a 20 percent markup pricing strategy and the unit cost for a product is $80, the selling price would be $100 because $80 is divided by 0.80, which is 1-.20.

If a Company Is Using a 20 Percent Markup Pricing