Question

convert a 30% markup percent on cost to markup percent on selling price. (round to the nearest hundredth percent)

Answer 1

Answer:

23.08 %

Step-by-step explanation:

Markup price is the difference between the selling price and cost price of an item.

m = Markup = 30

s = Selling price = 130

$\text{Markup percent on selling price}=\frac{m}{s}\times 100\\\Rightarrow \text{Markup percent on selling price}=\frac{30}{130}\times 100\\\Rightarrow \text{Markup percent on selling price}=23.08\ %$

∴ Markup percent on selling price is 23.08 %

Answer 2

40 percent i hope this helps