A stationery retailer generally prices portable copiers using a 30 percent markup.The retailer expects to sell 125 portable copiers at the 30 percent markup.How many units would it have to sell at a 25 percent markup to maintain the same gross profit?

Question

Quizplus · Accepted Answer

The gross profit is the same regardless of the markup percentage. So, the retailer needs to sell more units at a lower markup to maintain the same gross profit. The correct answer is A: 150.

A Stationery Retailer Generally Prices Portable Copiers Using a 30