To calculate the percentage mark up based on selling price, this is done by multiplying the peso mark up by the selling price. true or false
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To calculate the percentage mark up based on selling price, this is done by multiplying the peso mark up by the selling price.
True
Explanation:
Simply take the sales price minus the unit cost, and divide that number by the unit cost.
Then, multiply by 100 to determine the markup percentage.
For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%:
( $75 – $50) / $50 = . 50 x 100 = 50%.
hope its help
by the way, thx nga pala sa sagot mo