The Food Co-op Club boasts that it has 5,000 members and a 200% increase in sales. Their markup is 36% based on cost. What would be its percent markup if selling price were the base? Note: Round your answer to the nearest hundredth percent. Percent markup %
The Food Co-op Club boasts that it has 5,000 members and a 200% increase in sales. Their markup is 36% based on cost. What would be its percent markup if selling price were the base? Note: Round your answer to the nearest hundredth percent. Percent markup %
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The Food Co-op Club boasts that it has 5,000 members and a 200% increase in sales.
Their markup is 36% based on cost. What would be its percent markup if selling price
were the base?
Note: Round your answer to the nearest hundredth percent.
Percent markup
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