A clothing retailer charged $300 for a man's suit after getting it from the wholesaler for $150. The retailer's markup percentage is:
a. 33%.
b. 100%.
c. 133%.
d. 50%.
e. Cannot be determined from the information provided.
Answer: d. 50%.
A clothing retailer charged $300 for a man's suit after getting it from the wholesaler for $150. The retailer's markup percentage is:
a. 33%.
b. 100%.
c. 133%.
d. 50%.
e. Cannot be determined from the information provided.
Answer: d. 50%.