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?
Answers
Answered by
1
Explanation:
94% is the wall retailer have to get
Answered by
0
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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