Question

if a markup price of electric fan is p100.00 when added to the cost P490. What would be the yield selling price?

Answer 1

Answer:

( $75 – $50) / $50 = . 50 x 100 = 50%.

Step-by-step explanation:

Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.