How Is Markup Percentage Calculated

question 89

Multiple Choice

How is markup percentage calculated?

• A) By dividing the selling price by fixed costs
• B) By adding the selling price and the cost of advertising
• C) By dividing the selling price by the dollar amount of the markup
• D) By dividing the dollar amount of the markup by the selling price
• E) By dividing inventory by the selling price

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Definitions:

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