Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Alibaba purchases flat-screen computer monitors from H.P. for $275.59 and sells them for $449.99. What is the percent markup based on cost?

Sagot :

Mahika099

So, firstly let us take a look at the formula below;

Markup%= selling price- cost/cost*100

We are going to proceed from the formula above.

●Selling price= $ 449.99

●Cost price= $ 275.59

Step 1

$ 449.99- $ 275.59= % 224.40

Step 2

$ 224.40/ $ 275.59*100= 81.4253057078

82% if was to be rounded.

ANS= 82%

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.