Multiple Choice
The Horizons Cycle Shop bought 3 motorcycles for $2,100, and sold each one for $1,000. The markup percent was:
A) 33 1/3.
B) 30.
C) 142.
D) 50.
E) There is not enough information to tell.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q104: If a profit-oriented marketing manager doesn't know
Q105: "Full-line pricing" is setting prices for a
Q106: If a company raises its price per
Q107: Price lining:<br>A) is quite similar to prestige
Q108: The price per unit is $1.00. The
Q110: A marketing manager has just estimated that
Q111: Regarding markups and turnover:<br>A) high markups usually
Q112: Which of the following statements is true
Q113: A major problem with average-cost pricing is
Q114: Marginal revenue is always positive.