Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The mark up in the following example is? Sale price = 58.33 = 100% Part cost = $35.00 = 60% Gross profit=$23.33=40% 100% 60% 40%

  1. The mark up in the following example is?

Sale price = 58.33 = 100%

Part cost = $35.00 = 60%

Gross profit=$23.33=40%

  1. 100%
  2. 60%
  3. 40%
  4. 20%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance And Modernization

Authors: Gerald D. Feldman, Peter Hertner

1st Edition

0754662713, 978-0754662716

More Books

Students also viewed these Finance questions

Question

Azure Analytics is a suite made up of which three tools?

Answered: 1 week ago