A retailer of Dry Day deodorant prices it at $2.00; it costs the retailer $1.40. What is the approximate markup as a percentage of selling price?
A)3%
B)14.3%
C)30%
D)70%
E)12%

Name: A retailer of Dry Day deodorant prices it at $2.00; it costs the retailer $1.40. What is the approximate markup as a percentage of selling price? A)3% B)14.3% C)30% D)70% E)12%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The markup is $0.60 ($2.00 - $1.40). The markup percentage based on the selling price is ($0.60 / $2.00) * 100% = 30%.

A Retailer of Dry Day Deodorant Prices It at $2