I. MARKUP

If the cost of an item is $10.00 and the markup is $15.00, what is:

1. the markup % on cost? %

2. the markup % on selling? %

B. If markup on selling is 25%, what is the markup on cost %? %

C. If markup on cost is 25%, what is the markup on selling %? %

If an item cost $12.00 and is to be sold at a 25% markup on selling, what is the selling price?

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