roxanagallegosp4c54c roxanagallegosp4c54c
  • 21-02-2018
  • Mathematics
contestada

convert a 30% markup percent on cost to markup percent on selling price. (round to the nearest hundredth percent)

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tintin23 tintin23
  • 24-02-2018
40 percent i hope this helps

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shirleywashington shirleywashington
  • 28-08-2019

Answer:

23.08 %

Step-by-step explanation:

Markup price is the difference between the selling price and cost price of an item.

m = Markup = 30

s = Selling price = 130

[tex]\text{Markup percent on selling price}=\frac{m}{s}\times 100\\\Rightarrow \text{Markup percent on selling price}=\frac{30}{130}\times 100\\\Rightarrow \text{Markup percent on selling price}=23.08\ %[/tex]

∴ Markup percent on selling price is 23.08 %

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