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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- Find the percent markup based on selling price, if the percent markup based on the cost is 18%.23.To calculate the selling price when the cost and the percent of markup based on the selling price are known, you would use the following formula. Cost 100% − Percent markup on selling price True or FalseFind the dollar markup and percent markup ?