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Answer:
the third circle.
Step-by-step explanation:
Answer:
option: D is correct. ( (D) a markup of 15% on selling price is equivalent to a 85% markup on cost ).
Step-by-step explanation:
" Markup is the percentage difference between a product's cost and its selling price "
Since we are asked to Convert a markup of 15% on selling price to its equivalent markup on cost.
As there is a markup of 15% on selling price. Hence the cost of the product would be (100-15)%=85% of the selling price.
<em>Hence, a markup of 15% on selling price is equivalent to a 85% markup on cost.</em>
<em>Hence, option D is true.</em>
translates to 
