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A consumer buys a pair of Dockers mens casual pants for $59.95. The manufacturer's cost is $8.58. The retailers markup on a selling price basis
A consumer buys a pair of Dockers mens casual pants for $59.95. The manufacturer's cost is $8.58. The retailers markup on a selling price basis is 60%. The manufacturers markup on a selling price basis is 50%. (In performing all calculations round off to two decimal places).
(e) What is the wholesalers markup (%) on a cost basis?
36.65% | ||
43.18% | ||
41,23% | ||
39.70% |
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