menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Math
  4. Exam
    Exam 9: Markup and Markdown
  5. Question
    When Calculating a Markup on Cost,________ Is Always Equal to 100
Solved

When Calculating a Markup on Cost,________ Is Always Equal to 100

Question 75

Question 75

Multiple Choice

When calculating a markup on cost,________ is always equal to 100%.


A) cost
B) margin
C) selling price
D) markup

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q70: By using a formula, the percent markup

Q71: Gross profit includes:<br>A) markdown<br>B) both operating expenses

Q72: The Sports Shoppe is buying baseball t-shirts.

Q73: The percent of each markdown in a

Q74: A 17.9% markup based on cost is

Q76: A markdown percent can be calculated by

Q77: A local dealer sells baseballs for $25.00

Q78: An item selling for $633 is marked

Q79: The Jewelry Store priced its entire stock

Q80: A markup based on cost is generally

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines