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Melissa doors, CEO of MACROHARD, wanted to announce the use of cost-plus pricing in a press conference, so she asked her assistant to calculate what

Melissa doors, CEO of MACROHARD, wanted to announce the use of cost-plus pricing in a press conference, so she asked her assistant to calculate what the % markup would be if MACROHARD made exactly enough phones to fulfill both orders together (alphabet soup and blueberry) and then sold them at $140. Mr. Assistant moonlights as a student in the MKTG 3500 class, so he knew how to calculate the answer.

What is the number that he came up with and how?

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Percentage mark up Assuming the cost is100 The selling price is 140 What is the mark up To ... blur-text-image
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