What are the percentage markups on the cost that corresponds to the following percentage of markup on selling price (GPM)? 50%
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- Do fast answer of this general accounting questionMarkup is: Group of answer choices Selling price - cost Selling price divided by cost Selling price + cost Selling price × (1 + cost)assume that markup is based on selling price. calculate cost and selling price. dollar markup s $5.60 and percent on markup cost is 101.82%.