Beats by Dr. Dre headphones are sold at Target for $159.00, and Target is able to purchase them for $90. What is the markup percentage of cost that Target is using on this product?
48.6%
43.3%
52.4%
76.7%
Answer: 76.7%
Marketing MCQ
Marketing Chapter 20
Beats by Dr. Dre headphones are sold at Target for $159.00, and Target is able to purchase them for $90. What is the markup percentage of cost that Target is using on this product?