1) re-write them from smaller to greater. After having rearrange them, we find that the 1st sequence: 1,1.2,2,2,3,5,6,6,7,10 is the one that fits. Why?
Its the only set of data that has a Median = 3
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>
