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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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