Question
Working off an 24% margin, with markups based on cost, the Food Co-op Club boasts that it has 4,900 members and a 195% increase in
Working off an 24% margin, with markups based on cost, the Food Co-op Club boasts that it has 4,900 members and a 195% increase in sales. The markup is 39% based on cost. What would be its percent markup if selling price were the base? (Round your answer to the nearest hundredth percent.)
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Principles Of Financial Management
Authors: Haim Levy, Marshall Sarnat
1st Edition
0137097751, 978-0137097753
