Find the Missing Quantities by First Computing the Markup on One

question 53

Multiple Choice

Find the missing quantities by first computing the markup on one base and then computing the markup on the other. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
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• A)Markup = $2.36 Selling price = $4.07 % Markup on cost = 36.7%
• B)Markup = $2.36 Selling price = $8.79 % Markup on cost = 26.8%
• C)Markup = $3.72 Selling price = $2.71 % Markup on cost = 57.8%
• D)Markup = $3.73 Selling price = $10.15 % Markup on cost = 57.8%