Assume that the cost of one unit of product is $8 and the store sells the product for $15.What is the markup percentage?
A) 46.7 percent
B) 41.3 percent
C) 150.3 percent
D) 214.5 percent
E) 66.3 percent
Correct Answer:
Verified
Q1: What are the two basic tools used
Q6: Costs that change with the quantity of
Q7: A product's cost plus _ results in
Q7: What information is provided to the manager
Q8: What are the two main pricing objectives
Q11: A video store owner would begin to
Q13: A 10 kg.bag of soil costs Greencorp
Q14: Costs that are unaffected by the quantity
Q17: Which of the following is not a
Q18: What is "markup"?
A) Markup is the point
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents