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If the cost to store is $50 and the selling price is $60 what is the markup
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2 votes
If the cost to store is $50 and the selling price is $60 what is the markup

User Latka
by
7.8k points

2 Answers

6 votes

Answer:

20%

Explanation:

Mark up is profit on cost

Profit = 60 - 50 = 10

Markup:

10/50 × 100 = 20%

User ReggieboyYEAH
by
8.0k points
4 votes

Answer:

20%

Explanation:

User Adesh Singh
by
7.2k points
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