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>
25/27 = 0.925925925...
It's almost equal to 1 and it turns out that 1 is 100%.
So, we'd say that it's equal to:
92.59% (to 2 decimal places)
We've multiplied the value above (25/27) by 100.
Answer:
Step-by-step explanation:
plot an open circle on the 4 and a closed circle on the 10. Then draw a line that goes from 4 to 10.
