A 179% Markup Based on Cost Is Equivalent to What Percent

question 74

Multiple Choice

A 17.9% markup based on cost is equivalent to what percent based on selling price (retail) ?

• A) 13.6%
• B) 84.8%
• C) 86.4%
• D) 15.2%

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Definitions:

Yorktown

The site of the decisive battle of the American Revolutionary War in 1781, where British forces surrendered, effectively ending the war.

Positive Electric Charges

Charges carried by protons, contributing to electrical phenomena and interactions according to the principles of electromagnetism.

Current Flows

The movement of electric charge carriers, such as electrons, through a conductor or circuit.

Positive To Negative

Refers to the flow of direct current (DC) from the positive pole to the negative pole of a power source.