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Sagot :
not sure what answer you are looking for here so i did all of them. you’re welcome
Price = Cost / (1 – (Gross Margin/100%))
Gross Profit (Dollars) = Price x (Gross Margin/100%)
Markup = (Price / Cost) x 100%
Put it together and the
price answer is $10.71
Gross Profit $7.71
Markup 357.00%
Price = Cost / (1 – (Gross Margin/100%))
Gross Profit (Dollars) = Price x (Gross Margin/100%)
Markup = (Price / Cost) x 100%
Put it together and the
price answer is $10.71
Gross Profit $7.71
Markup 357.00%
Answer: 357.00%
Step-by-step explanation: MARKUP = SELLING PRICE – COST
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