Zoey Is Setting a Price for Her Store's Newest Item

question 20

Multiple Choice

Zoey is setting a price for her store's newest item. She purchased the item for $45 and decides to sell it for $54 using markup pricing. If she wanted to calculate the markup as percentage of cost, it would be ______________. If she wanted to calculate the markup as the percentage of the selling price, it would be ______________.

• A)16.7%; 12%
• B)33%; 25%
• C)12.5%; 15.6%
• D)12%; 16.7%
• E)15%; 10.5%

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