Ask Question
8 May, 11:54

48. A retail store sells CDs for $15.00. If the cost per CD is $11.00, what is the store's markup on selling price? A. 66% B. 27% C. 73% D. 22%

+1
Answers (2)
  1. 8 May, 12:10
    0
    The selling price given as = $ 15

    The cost per CD is = $ 11

    The total profit = Selling price - Cost

    Total profit per CD = $ 15 - $ 11

    Total profit per CD = $ 4

    The markup on selling price is calculated as - Total profit : Selling price * 100

    Markup on selling price = $ 4 : $ 15 * 100 = 26.6666 % or 27 %.
  2. 8 May, 12:16
    0
    The store 's markup on silling price is 73%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “48. A retail store sells CDs for $15.00. If the cost per CD is $11.00, what is the store's markup on selling price? A. 66% B. 27% C. 73% D. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers