Answer:
Option C
23.08% markup on selling price.
Explanation:
Given in the question,
markup percentage on cost price = 30%
To find,
markup percentage on selling price
Markup is the ratio between the cost of a good or service and its selling price.
Let suppose that cost price percentage = 100%
As we know that,
cost% + markup% = selling%
100% + 30% = 130%
So percent markup selling price = 30 / 130 x 100
= 23.0769
Hence, 30% markup on cost price = 23.0769% markup on selling price.