Question

a wholesaler buys a coat from a manufacturer for £30 each.the wholesaler sells them to a retailer for £39 each. the retailer then sells them in her shop for £50 each. What is the wholesaler's percentage mark-up?

Answer 1

Explanation:

94% is the wall retailer have to get

Answer 2

Answer:

The mark-up is 30%

Explanation:

Given,

Cost price as 30£

Gross profit=39-30=9£

Mark-up=required

From,

Mark-up=gross profit×100%/cost price

=9×100%/30

=900%/30

=30%

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