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    Business Mathematics Study Set 1
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    Exam 8: Mathematics of Selling
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    Solve the Problem. Round Rates to
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Solve the Problem. Round Rates to

Question 42

Question 42

Multiple Choice

Solve the problem. Round rates to
-A local dealer sells baseballs for $25.00 each. If this is a 61.9% markup on cost, find the equivalent markup percent on the selling price


A) 38.2%
B) 61.9%
C) 61.8%
D) 70.3%

Correct Answer:

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