davewillis2010
New member
- Joined
- Aug 20, 2011
- Messages
- 10
Would someone please help me start this problem. In my book there are no examples to assist in trying to understand the problem.
Have know idea where to start how can there be selling price if its not even in the ?
Working off an 18% margin, with markups based on cost, the Food Co-op Club boasts that they have 5000 members and a 200% increase in sales. The markup is 36% based on cost. What would be their percent markup if selling price were the base? Round to the nearest hundredth percent.
Have know idea where to start how can there be selling price if its not even in the ?
Working off an 18% margin, with markups based on cost, the Food Co-op Club boasts that they have 5000 members and a 200% increase in sales. The markup is 36% based on cost. What would be their percent markup if selling price were the base? Round to the nearest hundredth percent.
