Solved

Solve the Problem

Question 16

Multiple Choice

Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
-A local dealer sells baseballs for $25 each. If $6.90 is the cost, what is the percent of markup on the cost?


A) 27.6%
B) 72.4%
C) 2.6%
D) 262.3%

Correct Answer:

verifed

Verified

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

Related Questions

Q11: Solve the problem. Round rates to the

Q12: Find the missing quantities. Round rates to

Q13: Find the missing quantities by first computing

Q14: Solve for the missing numbers. Markup is

Q15: Solve for the missing numbers. Markup is

Q17: Solve the problem.<br>-Over a year period, a

Q18: Solve the problem. Round dollars to the

Q19: Find the stock turnover at cost and

Q20: Solve the problem. Round dollars to the

Q21: Solve the problem. Round dollars to the