397,726 views
44 votes
44 votes
How much is the peso mark-up if the selling price is P15 and the purchase cost is P10.00?

User Weiyi
by
2.8k points

1 Answer

16 votes
16 votes

Answer:

Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.

Step-by-step explanation:

User Alexa Halford
by
2.7k points