Mark up = $66
Mark up on selling price = 37%
Selling price = 37%
Selling price x Mark up percentage = Mark up
Selling price x 37% = 66
Selling price = $178.38
Cost = Selling price - Mark up
= 178.38-66
= $112.38
Cost as a percentage of selling price = Cost / Selling price
= 112.38/178.38
= 63%
The selling charge is how much a purchaser pays for a product or service. it is able to range relying on how tons consumers are inclined to pay, how a whole lot the seller is inclined to just accept, and the way competitive charge is in comparison to other businesses inside the marketplace.
A sale rate is the discounted rate at which goods or services are being offered. This rate is normally offered for a restrained period of time, usually to spur income all through a slow duration or to sell off excess stock. the discount is advertised as a percentage discount from the ordinary listing charge.
Fee rate: the quantity paid to purchase a piece of writing or the fee at which an editorial is made is known as its cost charge. The value fee is abbreviated as C.P. selling price: The rate at which an editorial is sold is called its selling rate. The promoting price is abbreviated as S.P.
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