Answer:
Option D
Step-by-step explanation:
Julia paid 130$ to buy 6 leather belts.
Thus, cost of 6 leather belts = 130$
Thus, cost price of 6 leather belts = 130$
Now, Julia sold those lather belts for 28$ each
So, selling price of 6 leather belts = 28 × 6 $
Mark up can be defined as the difference between the cost price and the selling price.
Mark up percent can be calculated with the help of following formula:
where, Mark up is difference of selling price and cost price and COGS is the cost price.
Thus, to calculate markup percentage, she should subtract 130 from 28 and 6 multiplied divided by 130 that is
So, D) is the correct option.