Find the missing quantities by first computing the markup on one base and then computing the markup on the other. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
A. Markup = $2.12
Selling price = $3.47
% Markup on cost = 37.9%
B. Markup = $3.43
Selling price = $9.02
% Markup on cost = 61.3%
C. Markup = $3.43
Selling price = $2.16
% Markup on cost = 61.3%
D. Markup = $2.12
Selling price = $7.71
% Markup on cost = 27.5%
Answer: B
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A.
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