A company manufactures and sells cutting boards for $7 wholesale and recommends a markup of $2.70 for a selling price of $4.30.

Name: A company manufactures and sells cutting boards for $7 wholesale and recommends a markup of $2.70 for a selling price of $4.30.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

If the cutting boards are sold for $4.30, the markup would be $1.30 ($4.30 selling price - $7 wholesale cost). Therefore, the recommended markup of $2.70 is incorrect.

A Company Manufactures and Sells Cutting Boards for $7 Wholesale